Macquarie forecasts single rate cut in 2025 after robust jobs report

Macquarie forecasts single rate cut in 2025 after robust jobs report

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The latest US employment report indicated a strengthening labor market, with Macquarie economists interpreting the data as a sign of stabilization expected to continue into 2025.

The December report highlighted a substantial increase of 256,000 in headline payrolls, marking the most significant gain since March, although the numbers might reflect seasonal variations that could normalize in January.

The household survey, another component of the report, revealed an even more substantial employment increase of 478,000, which effect

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