For some time, economists and the financial markets have closely monitored the nation’s job growth and the pace of inflation for developments that could prompt the Federal Reserve to raise interest rates.
The Federal Reserve’s policymaking committee meets today and, although economists don’t expect a rate increase this close to the presidential election, a move in December now appears more likely than ever.
Steady, moderate growth — that’s what the Federal Reserve and The Conference Board are seeing in the U.S. economy two weeks before Election Day.
In politics, there’s the “October surprise” — a revelation timed a few weeks before an election in an effort to influence the outcome.
Reaction to the Labor Department’s report that the U.S. economy created 156,000 new jobs in September went in all directions.
U.S. consumers, apparently shrugging off the caustic presidential campaign rhetoric as the election grows closer, more and more like what they see in the U.S. economy.
For some time, economists and the financial markets have closely monitored the nation’s job growth and the pace of inflation for developments that could prompt the Federal Reserve to raise interest rates.
The Federal Reserve’s policymaking committee meets today and, although economists don’t expect a rate increase this close to the presidential election, a move in December now appears more likely than ever.
Steady, moderate growth — that’s what the Federal Reserve and The Conference Board are seeing in the U.S. economy two weeks before Election Day.
In politics, there’s the “October surprise” — a revelation timed a few weeks before an election in an effort to influence the outcome.
Reaction to the Labor Department’s report that the U.S. economy created 156,000 new jobs in September went in all directions.
U.S. consumers, apparently shrugging off the caustic presidential campaign rhetoric as the election grows closer, more and more like what they see in the U.S. economy.
