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
Data: 458 million SUN transferred from SUN.io to Justin Sun, worth approximately $9.6 million
Data: Justin Sun transferred 11.5633 million USDT, worth 11.5633 million USD
Overview of Important Developments on the Evening of November 29
Trending news
MoreCrypto prices
More
