One Man’s Opinion: Will Negative Reports Before The December Fed Meeting Derail A Rate-Hike This Year?

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The latest non-farm payroll report has come as a relief for most market observers and makes Federal Reserve chair Janet Yellen’s job easier, said Diana Swonk, chief economist at Mesirow Financial. The 271,000 job additions in October not only dramatically reduce chances of a dissent (for a rate-hike) in her inner circle, but also among Charlie Evans (out of Chicago …