U.S. | Strong Jobs Boost Probability for December Liftoff
Published on Friday, November 6, 2015 | Updated on Friday, November 6, 2015
U.S. | Strong Jobs Boost Probability for December Liftoff
October’s 271K jump in nonfarm payrolls pushed the unemployment rate down to 5.0%. Wage growth hit the Fed’s goal at 2.5% for the first time since July 2009. Implied probability for December rose to 70%, but delay to 1Q16 is not out of the question.
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