Posts by Tony Crescenzi

Jobs Data Leap Over Low Rate-Hike Hurdle

Jobs Data Leap Over Low Rate-Hike Hurdle

In markets, as in life, there are few guarantees, forcing investors to choose between likely outcomes. Following Friday’s strong U.S. jobs report, this means betting squarely on the Federal Reserve increasing its policy rate by 25 basis points to a target range of between 0.25% and 0.50% at its next policy meeting on 16 December.