Fed Hikes 25 Bps After Jobs Boom; Inflation Data Next Test
4 Articles
4 Articles
Losses in indices after unexpectedly strong labor market data, which strengthened scenarios of interest rate hikes by the Fed as early as the September meeting, given the oil rally - Inflation data next week critical
The New York Stock Exchange closed down today, coldly welcoming the resistance of employment, which gives the central bank arguments to fight against inflation by hardening its monetary policy.
Federal Reserve Projected to Raise Interest Rates by 25 bps This Month
The Federal Reserve is now projected to raise interest rates by 25 bps this month, following the better than expected jobs report . After August’s jobs report nearly triples expectations, analysts are still worried about the next inflation report set to come next week. JUST IN: Federal Reserve now...
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