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Gregory Faranello, head of U.S. rates trading and strategy at AmeriVet Securities, said it was a very solid report that supports market expectations that the Federal Reserve will skip this month's meeting or even more. It is also an important number at a time of transition between two administrations. The focus now turns to inflation. Higher inflation data and a strong job market will increase calls for rate hikes as a new administration takes office. (Golden Ten)

2025-01-10 21:56:31