Federal Reserve officials seem to be leaning towards a December rate hike. First was the October policy statement, where central bankers removed a key sentence citing global factors and suggested zero interest rate policy could end in December. Then Fed Chairwoman Janet Yellen said that December was a live policy option if the economic data followed through. And the October jobs report did just that, showing the labor market added 271,000 during the month, well above any Wall Street forecasts. While the labor market appears to be strengthening, the Fed remains far away from its 2% annual inflation target. Doves on ... (full story)