Strong growth in nonfarm payrolls, and an uptick in hourly earnings, increases the odds of a December rate hike.
Entries filed under 'Federal Reserve'
A change in language in the U.S. Federal Reserve's October policy statement may signal a greater probability of a December tightening.
September’s disappointing jobs report stifles expectations of a Federal Reserve rate hike this year.
The U.S. Federal Reserve chair attempted to clarify the central bank’s policy stance on September 24. Investors appear far from convinced.