Hillary Clinton Says Markets Have 'Already Processed' Possible Fed Rate Hike
FORT DODGE, Iowa (Reuters) -- U.S. Democratic presidential candidate Hillary Clinton said on Friday that world financial markets have "already processed" a possible interest rate hike by the Federal Reserve.
"The Fed has been signaling this for a very long time if they do make this decision by the end of the year ... I think the markets in the U.S. and the world will have already processed that and they have laid out what criteria they think should be applied," she told reporters after a campaign event.
The U.S. Labor Department reported on Friday that employment increased at a healthy pace in November, in another sign of the economy's resilience, and will most likely be followed by the first Federal Reserve interest rate rise in a decade later this month.
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