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Strong jobs report won't derail Dec. rate cut, but upside inflation might: BofA

By Yahoo! Finance   |   3 months ago
Strong jobs report won't derail Dec. rate cut, but upside inflation might: BofA

Bank of America analysts predict a December rate cut despite a strong November jobs report due to concerns about inflation. A rebound is expected after October's weather-related hit to jobs data. Fed members remain cautious about slowing inflation. Fed Governor Waller leans towards supporting a rate cut in December.

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