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December U.S. Rate Lift-Off Assured

December U.S. Rate Lift-Off Assured

4 Years ago | November 08, 2015 00:00:00

 

John M. Bland


October Jobs Data Signal A Hike Hike

The Fed got an early Christmas present with a considerably stronger than expected October employment report. A December 16 hike is apparently now a given. The markets never rest and their focus will now turn to the next policy move. I think the Fed plan (hope) had been for a December hike and then another one some time in 2Q16. That should be followed by a pause until after the November election. Their wish has been granted. Markets have been obsesse

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