World Week Ahead: Rate pace focus

Sun, 06 Dec 2015

By Margreet Dietz Dec. 7 (BusinessDesk) - While a better-than-expected jobs report all but confirmed a US interest rate increase this month, investors this week will eye a speech by St Louis Fed President James Bullard as well as a report on American retail sales as the rate debate shifts more to the pace of tightening. A Labor Department report on Friday showed nonfarm payrolls rose a higher-than-expected 211,000 in November, with the number of jobs revised higher in both September and October too. The unemployment rate held a...

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