Data Round Up: November Jobs, Wage Gains Will Cement Fed's December Rate Hike Decision
posted by Michael Lewis on December 07, 2018
A mixed bag: payroll job gains slightly below trend, unemployment stable, but wages continue to trend up. This is more than enough to cement the Fed’s decision to hike rates again at their meeting in two weeks.
FMI’s analysis of this morning’s November Employment report. Also this morning, wholesale book-value inventories were reported up a brisk +0.8+% for October.