Friday’s Jobs Report Next Clue on Likely Fed Policy Path

During the past 12 months, the U.S. jobless rate has fallen by 1.1 percentage points. If it continues at that pace, it will touch 5.5% in January and 5.2% by April. That range is around where many Federal Reserve officials believe the jobless rate will settle in the long-run. Much of this descent…

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Friday’s Jobs Report Next Clue on Likely Fed Policy Path