Market expectations that U.S. interest rates will start to lift off sometime in mid-2015 are reasonable, New York Federal Reserve President William Dudley said on Thursday.
non-farm
Breaking News
The S&P 500 posted its best day since August on Friday following a stronger-than-expected September U.S. jobs report that bolstered the outlook for the U.S. economy.
U.S. employers likely stepped up hiring in September and the jobless rate probably held at a six-year low, which could bolster bets on a Federal Reserve rate hike in mid-2015.
Subscribe to VCpost newsletter
Most Popular
- This Crypto Blockchain Emerges as Preferred Platform by Terrorist Groups Like Hamas and Hezbollah
- Despite AI Hype, New Data Shows Only Few US Companies Are Actually Using It
- Apple and Paramount Streaming Bundle Report Spurs Rise in Media Stocks
- Shein Files for US IPO as Chinese-Founded Fashion Giant Seeks to Expand Global Reach
- Amazon Introduces an AI Chatbot for Businessess Called Q
- Germany's Unemployment Rate Rises to Highest Since 2021
- Denmark Set to Remove 1,000 Crown Banknote From Circulation
- US to Prevent China From Supplying Battery Materials for EVs Set to Receive Billions in Tax Credits
