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Timiraos: Strong jobs report keeps the Fed on track to hike by 50 bps

Started by forex4you, Dec 03, 2022, 10:14 am

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Timiraos: Strong jobs report keeps the Fed on track to hike by 50 bps

<p>WSJ Fedwatcher Nick Timiraos is out with his latest after the jobs report:</p><p>The strong November jobs report keeps the Federal Reserve on track to raise interest rates by a half percentage point at its meeting in two weeks and underscores the risk that officials will raise rates above 5% in the first half of next year.</p><p>Read it <a href="https://www.wsj.com/articles/jobs-report-keeps-federal-reserve-on-track-for-0-5-point-rate-rise-11669992157" target="_blank" rel="nofollow">here</a>.</p>

                This article was written by Adam Button at forexlive.com.

Source: Timiraos: Strong jobs report keeps the Fed on track to hike by 50 bps

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