Why The Fed Will Raise Rates

Of course the headline number is the 271,000 payroll jobs created last month. But the real reason the Fed is likely to raise rates in December (barring some unforeseen shock in the November jobs report, or international crisis) is the wage number: With the October figures, year-over-year wage growth has risen to 2.5% (actually 2.48%). […] View the full post at: Why The Fed Will Raise Rates Related posts: Never Fear Ben Will “Raise Rates Someday” The Empire’s Last Stand: Real Interest Rates The Great Decline in Rates is Over