Economics
Jobs Report Dims But Doesn't Kill Chances of 2015 Fed Rate Hike
- Central bankers may try to keep December liftoff option alive
- Fed's Williams said Thursday 100k-150k job gain would be good
Does the Jobs Data Reduce the Chances of a Fed Rate Hike?
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Don’t book the mid-December holiday plans just yet.
The disappointing jobs report for September released Friday diminishes but doesn’t entirely eliminate the chance of a Federal Reserve interest-rate increase at its Dec. 15-16 policy meeting, economists said. While the data all but rule out a move this month, a December rate hike remains a live, albeit less-likely, option, they said.