With the phase one trade deal with China finally signed, there should be less uncertainty, which will boost the economy. But will China adhere to the pact?
The Fed should hold rates and wait for the three 2019 cuts to work their way through the economy before deciding its next move, Federal Reserve Bank of Kansas City President Esther George said Tuesday.
Nonfarm payrolls gained a less-than-expected 145,000 in December, and the unemployment rate held at 3.5%. Slow wage growth suggests the economy will not overheat and the Fed can maintain rates.
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