Skip navigation

 Login or Register | Member Centre

Posted AT 4:40 PM EDT on 05/11/04

U.S. retail results

Globe and Mail Update

The U.S. Federal Reserve is widely expected to raise interest rates again next week and Friday's outsized gain in October hiring suggests a December hike may also be back on the table. The Fed has raised rates three times already this year and most economists expect another quarter percentage-point increase on Wednesday, lifting the central bank's key target for the federal funds rate to 2 per cent.

The full text of this article has 1041 words.

To continue reading this article, you will need to purchase this article.

Already have a member account? Login now

Pay-Per-View Offers To read the complete article, select one of the following options

Purchasing from globeandmail.com is quick and secure.

Single Article: $4.95

4-pack: $17.95

Back to top