Tue, 21-Oct-2025

Possible US job boom in December lynchpin to Fed rate hikes

US

WASHINGTON: The American economy is likely to saw strong job gains in the final month of 2021, which could shorten the timeline for the US central bank to raise interest rates. The Federal Reserve has been setting the stage to increase borrowing costs more aggressively to rein in growing inflation, and that prospect sent markets into … Read more