Fed's December meeting may see jumbo interest rate hike back on table after jobs data

Fed's December meeting may see jumbo interest rate hike back on table after jobs data

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The strong wage gains in the U.S. November jobs report published Friday may put the possibility of a 0.75 percentage point interest rate hike back on the table for the Federal Reserve’s policy meeting in two weeks, instead of a more moderate half-point hike, said Diane Swonk, chief economist at…

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