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US nonfarm payrolls above 150K will increase the chances of a December Fed interest rate hike

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 5, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Neil MacKinnon, Chief Macro Strategist for VTB Capital, joined Zak Mir and Mike Ingram on the Tip TV Finance Show to discuss the importance of non-farm payrolls to the Federal Reserve’s chances of a rate hike, and the mind-set of the Fed in our current economic climate. Non-Farm Payroll figure is important for a US hike MacKinnon highlighted that the NFP number is important, and although the fact that whether the rate hike is data dependent or not is debatable due to the upcoming 2016

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