US ADP private employment data revealed a slowdown in job creation for December, with 122k jobs added, missing market expectations of 143k, and prior month’s 146k. Breaking down the numbers, goods-producing sectors added 10k jobs, while service-providing industries contributed 112k. Among these, healthcare emerged as a standout performer, leading job creation across sectors in the […]
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Boston Fed President Susan Collins noted in a speech today that the economy is overall in a “good place” and inflation steadily retreating from its 2022 peak. She added that current monetary policy is already Read more…
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