Odds of a Fed Interest Rate Hike in December Just Increased Dramatically
November 09, 2015 at 12:08 PM EST
The odds of a Fed interest rate hike in December dramatically increased over the weekend. One of the biggest reasons why was a strong October jobs report. The U.S. Labor Department reported Friday that non-farm payrolls rose 271,000 last month. The unemployment rate dipped to 5% from 5.1% and now sits at a level considered "full employment." Here's what you need to know... Tags: December FOMC meeting , December interest rate increase , December rate hike , Fed interest rate , fed interest rates , federal reserve interest rates , FOMC , FOMC Meeting , rate hike , The Fed To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Odds of a Fed Interest Rate Hike in December Just Increased Dramatically appeared first on Money Morning - We Make Investing Profitable .