Analyst: Non-Farm Payrolls Report Confirms Fed Will Continue to Cut Rates in December
On 6 December, Citizens Managing Director and Co-Head of Global Markets, Eric Merlis, said that November's non-farm payrolls report showed an expected rebound in hiring with no major surprises. The modest rise in the unemployment rate and decline in the participation rate should convince the Fed to continue its gradual easing path at its December meeting.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Project Hunt: Multi-Chain DeFi Protocol DefiDollar Is the Most Unfollowed Project by Top Figures in the Past 7 Days
U.S. Treasury Secretary: The U.S. and China Have Had a "Very Good Dialogue" on Economic and Trade Issues
Trending news
MoreCrypto prices
More
