Technical Analysis

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


WSJ Fedwatcher Nick Timiraos is out with his latest after the jobs report:

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.

Read it here.

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