Strong Jobs Report Raises Concerns Over Fed Rate Hikes

Reported about 12 hours ago

The December jobs report surpassed expectations with 256,000 new jobs added, prompting discussions about potential Federal Reserve rate hikes. Analysts are observing rising bond yields and a strengthening US dollar, while investors are increasingly turning to commodities and cryptocurrencies as inflation hedges. Additionally, gold futures and bitcoin are reacting to ongoing inflation concerns.

Source: YAHOO

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