Fed gets ambiguous data, no reasons for a change

Federal Reserve officials are likely to keep US interest rates unchanged at their next meeting, according to this article from Bloomberg published Tuesday 7 November.

"Inflation figures have eased a bit, as some Fed speakers acknowledged last week. On the other hand, unit labor costs have taken off in the non-farm portion of the economy as productivity growth has largely disappeared," the article says.

"It's not clear how to fit the October labor market data into anybody's forecast at this

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