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Showing blog posts tagged with jobs report

Making the Same Mistake Twice: Why the Fed Shouldn’t Raise Rates

Image via Wikimedia.

Many are convinced that the November Employment Report from the Bureau of Labor Statistics was positive enough to finally give the Federal Reserve Open Market Committee (FOMC) the room to raise interest rates.  The report extended the record straight months of job gains, and because the numbers for the previous months were adjusted upward, the report made the last two months more positive.

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