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via wsj.comEconomy

After solid October jobs data, the Fed may deliver a widely expected rate increase in December

FROM THE WIRE · WSJ.COM

Recent economic data point toward another rate increase in December. A more sustained AI selloff could argue against one.

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishA possible Fed rate increase in December weighs on stocks and supports the dollar and yields.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The October jobs report was solid.
  2. 02Recent data point toward another rate increase in December.
  3. 03A more sustained AI selloff could argue against that move.

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