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Source: اقتصاد
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The U.S. economy grew 3.4% in the third quarter and added 165,000 jobs in October, while unemployment fell to 4.1%. These figures have raised expectations that the Federal Reserve will increase interest rates by a quarter point in December; the odds of a hike have risen to 78%, from 67%. Such a move could add to the cost of mortgage and personal loans, as well as government and corporate borrowing. Yields on two-year Treasury notes have topped 4.52%, while those on 10-year notes have exceeded 4.87%. The article warns that a rate hike could put pressure on stocks and bonds, as well as on technology and AI companies that rely on borrowing, while many Americans are not feeling the benefits of economic growth because of the high cost of living.
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