The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.
© Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.U.S. hiring surge raises likelihood of Fed rate hike
By CHRISTOPHER S. RUGABER WASHINGTON©2024 GPlusMedia Inc.
5 Comments
Login to comment
lostrune2
If even the Fed is considering raising the interest rate for the first time in a decade, the US economy must really be improving enough.
wtfjapan
US $ is going to jump against most currencies when the rate hike happens. If you one of the high yen lovers, sorry but that looks like a distance dream
fxgai
The dollar has already jumped. I'd not be surprised to see the dollar sell-off a bit after it finally happens. Rates will still only be 0.25% - 0.375% so unless the economic data keeps coming in very strongly further rate hikes will be slow coming.
But I will sell yen for dollars at such opportune moments, for a long time to come, unless Japan finally gets the medicine it needs.
JeffLee
No need for a rate hike. Prospect of inflation is zero, housing market ain't frothy enough. Deflation is the real risk, so rates need to stay low, maybe forever.
jeff198527
I would still hold foreign currency over dollars, because America can't escape its population crunch unless it brings in more foreign workers. Where I live its at least 3 elderly for every 1 young person and most of the young are immigrants.