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 point,"

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: