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Strong Jobs Report Doesn’t Resolve Fed Debate on Next Rate Rise
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Friday’s employment report does little to clarify how much the Federal Reserve will raise interest rates at its next policy meeting.
The Fed increased its benchmark short-term rate aggressively last year, including by unanimously approving a 0.5-percentage-point increase last month. The rise followed four larger increases of 0.75 point and lifted the rate to a range between 4.25% and 4.5%—a 15-year high.
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Inflation Report Tees Up Likely Quarter-Point Fed Rate Rise in February wsj.com /1 year ago
Inflation Report Tees Up Likely Quarter-Point Fed Rate Rise in February wsj.com /1 year ago
Inflation Report Tees Up Likely Quarter-Point Fed Rate Rise in February wsj.com /1 year ago
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