- Nonfarm payrolls rose 263K in October, well above the expected 200K. Wages jumped 0.6%, double the estimate, which could fuel inflation.
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- Money supply growth fell in October to a 39-month low, continuing a 7-month decline and signaling a slowdown in economic activity.
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- After 4 consecutive 0.75% interest rate hikes, the Fed is widely expected to increase rates by 0.50% at its December meeting next week.
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