Fed cut on Jan 29 unlikely after blowout +256k jobs report with 4.1% unemployment

U.S. added 256k jobs in Dec with 4.1% unemployment and 3.9% wage growth. Healthcare, leisure & hospitality, retail sectors led job gains.

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– U.S. payrolls grew by 256,000 in December, much more than expected; unemployment rate falls to 4.1%