Traders are laser-focused on November's jobs data, slated for release this Friday, as one of the last pivotal data points — along with next week's inflation report — that could shape the Federal Reserve's decision on a potential rate cut at its Dec. 18 meeting.
With market odds sitting at about a 70% chance for a 25-basis-point reduction, the stakes are high.
Here's what the numbers need to show to lock in the move.
Nonfarm Payrolls Expected To Rebound Sharply From October Disruptions
After October's disappointing gain of just 12,000 jobs — a number heavily skewed by hurricanes and...
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