To the Point
Strong jobs report makes fed action likely
The latest report on employment makes it more likely than ever that the Federal Reserve will increase interest rates in a couple of weeks — even though workers are not being paid what they should in an improving economy. Binyamin Appelbaum, Washington correspondent for the New York Times , explains the motivation behind the Fed's move.
The latest report on employment makes it more likely than ever that the Federal Reserve will increase interest rates in a couple of weeks — even though workers are not being paid what they should in an improving economy. Binyamin Appelbaum, Washington correspondent for the New York Times, explains the motivation behind the Fed's move.
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