Strong December Jobs Report Kills Chances Of A January Fed Rate Cut

1. Unemployment dropped to 4.1%, payrolls gained 256,000 in December. 2. Interest rate cut expectations for January fell to 2.7% post-report. 3. Labor market remains strong, alleviating recession fears. 4. Inflation concerns persist, with CPI at 2.7% in November. 5. Future rate cuts may be delayed until May 2025.