Economics

Fed Seen Reinforcing Guidance on 2015 Rate Rise After Jobs Data

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Federal Reserve officials will step up efforts to prepare markets for an interest-rate increase next year, economists said, after data showed hiring in the U.S. surged the most in almost three years.

“If there’s going to be a move in June, they’ve got to prepare the battlefield, and that’s what you’ll see,” said Brian Jones, senior U.S. economist at Societe Generale in New York.