payrolls-rose

U.S. job growth slows, but wages rebound strongly

U.S. employment increased less than expected in December but a rebound in wages pointed to sustained labor market momentum that sets up the economy for stronger growth and further interest rate increases from the Federal Reserve this year. Nonfarm payrolls rose

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U.S. job growth slows, but wages rebound strongly

payrolls-rose

Fed’s Yellen faces battle in 2016 after getting all clear for December hike

WASHINGTON/PHILADELPHIA (Reuters) – Federal Reserve Chair Janet Yellen has the evidence of U.S. labor market health she wanted in order to raise benchmark interest rates for the first time in a decade this month, but she may have a tougher time selling further hikes. Federal funds futures contracts imply a 79-percent chance that the Fed will end seven years of near-zero interest rates at its December meeting and about even odds of a second rate rise by March. Interest rate futures …

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Fed’s Yellen faces battle in 2016 after getting all clear for December hike

payrolls-rose

U.S. employment report a green light for Fed interest rate rise

By Lucia Mutikani WASHINGTON (Reuters) – U.S. employment increased at a healthy pace in November, in another sign of the economy's resilience, and will most likely be followed by the first Federal Reserve interest rate rise in a decade later this month. Nonfarm payrolls rose

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U.S. employment report a green light for Fed interest rate rise