Loading...
Market
What will the Federal Reserve decide on interest rates in December 2024?
4
Resolution / Starting Odds
Rate Cut • 25%
Rate Hike • 25%
No Change • 25%
Other • 25%
Federal Reserve press releases and official announcements
Story
U.S. Economy Adds 254,000 Jobs in September, Unemployment Falls to 4.1%, Wage Growth Rises
Oct 4, 2024, 12:40 PM
The U.S. economy added 254,000 jobs in September, significantly surpassing expectations of 150,000. The unemployment rate fell to 4.1%, below the anticipated 4.2%. This robust job growth, accompanied by a 0.4% increase in average hourly earnings, suggests a resilient labor market. Economists had forecasted a moderate job growth with steady unemployment, but the actual figures indicate a stronger-than-expected performance. The data also includes upward revisions for the previous two months, adding 72,000 jobs. This strong employment report, covered by Reuters and MarketWatch, may influence the Federal Reserve's strategy on future interest rate cuts.
View original story
Similar markets
Increase • 25%
Decrease • 25%
No Change • 25%
Other • 25%
Cut by 25 basis points • 25%
Cut by more than 25 basis points • 25%
No change • 25%
Increase rates • 25%
Increase rates • 25%
Keep rates unchanged • 25%
Cut rates by 0.25% • 25%
Cut rates by more than 0.25% • 25%
Raise rates • 25%
Hold rates steady • 25%
Cut rates • 25%
Other • 25%
Cut by 25 basis points • 25%
Cut by 50 basis points or more • 25%
No change • 25%
Increase rates • 25%
Increase • 25%
Decrease • 25%
No Change • 25%
Other • 25%
Rate Cut • 25%
Rate Hike • 25%
No Change • 25%
Other • 25%
Increase rates • 25%
Decrease rates • 25%
Keep rates unchanged • 25%
Other • 25%
Increase rates • 33%
Maintain current rates • 33%
Decrease rates • 34%
Cut by 25 basis points • 25%
Cut by more than 25 basis points • 25%
No change • 25%
Increase rates • 25%
No change • 25%
25 basis point cut • 25%
50 basis point cut • 25%
Rate increase • 25%
Cut by 0.25% • 25%
Cut by more than 0.25% • 25%
No change • 25%
Increase • 25%
