Jobs data keeps Fed on gradual rate-hike path

• December 8, 2017
• realestate
• Announcements, Business & Markets, Real Estate, Real Estate Finance

The jobs report will give the Federal Reserve a green light to continue to raise short-term interest rates next week, but the low wage inflation within the report may make central bankers more cautious next year, economists said.

The Fed has signaled since September that it intends to raise rates in December and the market continues to think the move is a done deal.