Investors will eagerly parse through Fed Chair Jerome Powell's commentary for any signal into when rate cuts can be expected in 2024.

Nonfarm payrolls came in hotter than expected and unemployment dipped — but markets think the Fed is still on track for rate cuts by early 2024.

A stronger-than-expected U.S. labor market won't keep the Federal Reserve from pivoting to a series of interest-rate cuts next year, but it could take until May for it to deliver the first reduction,

A separate report Friday showed U.S. consumer sentiment improved more than expected in December as households saw inflation pressures easing