Mark Zandi Says Strong Jobs Report Gives Fed ‘Latitude To Raise Rates’ as He Sees ‘Very High Probability’ of December Hike
Moody’s Mark Zandi says strong October jobs data gives Fed room to hike rates.
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Why It Matters
A big economics expert says job numbers look really strong right now. This might mean banks could raise interest rates soon, which affects how companies borrow money.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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