American employers increased headcount by 211,000 in November.
That healthy showing all but guarantees that U.S. policymakers will raise interest rates for the first time since June 2006 when they meet Dec. 15-16.
By Diane Alter, Contributing Writer, Money Morning -
American employers increased headcount by 211,000 in November.
That healthy showing all but guarantees that U.S. policymakers will raise interest rates for the first time since June 2006 when they meet Dec. 15-16.
Here's why a December rate hike looks like a done deal now...
By Diane Alter, Contributing Writer, Money Morning -
American employers increased headcount by 211,000 in November.
That healthy showing all but guarantees that U.S. policymakers will raise interest rates for the first time since June 2006 when they meet Dec. 15-16.
Here's why a December rate hike looks like a done deal now...
By Diane Alter, Contributing Writer, Money Morning -
The U.S. Federal Reserve released minutes from its October meeting today at 2 p.m., and markets scoured the report for any clues about a December rate hike.
After today's Fed minutes release, a December rate hike is clearly on the table.
By Diane Alter, Contributing Writer, Money Morning -
The odds of a Fed interest rate hike in December dramatically increased over the weekend.
One of the biggest reasons why was a strong October jobs report. The U.S. Labor Department reported Friday that non-farm payrolls rose 271,000 last month. The unemployment rate dipped to 5% from 5.1% and now sits at a level considered "full employment."
Here's what you need to know...