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October jobs surge raises odds of December Fed rate hike

By Estefano Gomez

A December rate hike could tighten financial conditions, impacting borrowing costs and potentially slowing economic growth and consumer spending. The post October jobs surge raises odds of December Fed rate hike appeared first on Crypto Briefing.

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Federal Reserve

The central bank of the United States, which sets US interest rates and supervises banks.

Because the dollar is used worldwide, its rate decisions affect borrowing costs and markets in many other countries.

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