Jobs Report Keeps Federal Reserve on Track for 0.5-Point Rate Rise

Jobs Report Keeps Federal Reserve on Track for 0.5-Point Rate Rise

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The strong November jobs report keeps the Federal Reserve on track to raise interest rates by a half percentage point at its meeting in two weeks and underscores the risk that officials will raise rates above 5% in the first half of next year. Fed officials have warned in recent days that they are…

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