US November employment report provides further evidence for a December fed funds rate hike

Banking, Consumers Market, Finance, Jobs, Markets, Reports — By on December 7, 2015 at 3:39 PM
Dr. Platon Monokroussos,  Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A

Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A

Economic & Market Outlook – Focus Notes 7th Dec. 2015

US November employment report provides further evidence for a December fed funds rate hike

US nonfarm payrolls increased by 211k in November, surpassing consensus expectations for a rise of 200k. Adding to the positive tone of the report, the respective figures of September and October were revised higher by 35k cumulatively, with the three-month moving average increasing to 218k from 199k previously (Figure 1). The increase in nonfarm payrolls in November was mainly driven by the private sector, which rose by 197k…

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GLOBAL FOCUS NOTE_DECEMBER7_US Payrolls

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