U.S. Economic Misery Finds Company, Just Not In a Rate Hike

U.S. policy makers want to take confidence in jobs, inflation numbers before further tightening
From

What Jobs Number Could Trigger a Fed Rate Hike?

The Federal Reserve is expected, sooner or later, to raise its key interest rate for a second time since the financial crisis — a feat not in sight for other major developed-nation central banks. It'll depend on if the economy is doing well, and policy makers may take comfort that the U.S. ranking has fallen in a gauge of economic misery.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.