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EconomyGlobal
A stable U.S. labor market keeps the Fed on course for gradual rate increases. The ECB is collecting data before a December rate decision. Borrowing and saving costs depend on both.
Economy ·
The U.S. Federal Reserve is on track to raise interest rates gradually, helped by a labor market that remains stable.
Economy
Williams, a Fed official, said the central bank should gather data to judge risks to prices. That points to a cautious, data-driven approach.
Economy
In Europe, the European Central Bank is also collecting data. Lane, an ECB official, said this work is meant to prepare its rate decision in December.
The ECB is due to make its rate decision in December.
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