Blowout November jobs report cements Fed’s wait-and-see approach

Fox Business | Dec 6, 2019 at 5:24 PM
  • November’s blowout jobs report, which surged past Wall Street’s expectations, further solidified bets that the Federal Reserve will put interest rates on hold at least through the first quarter of 2020.
  • In fact, the Fed is widely expected to continue its wait-and-see approach until at least June, though odds for another interest rate cut spike to 38.3 percent in September.