Report
Fed may skip an October rate hike but raise rates in December
Reuters reports that a cooler-than-expected jobs report reinforced policymakers’ inclination to hold off on another hike in October.
TLDR
Reuters reports that Fed policymakers were already leaning against a second straight rate hike in October to review more economic data. A cooler-than-expected jobs report left that approach intact, though the Fed may still raise rates in December.
Combined views
26.6K
1 Source, first seen ago
8 likes5 comments1 saves2 reposts