This settles it: The Fed is going to raise interest rates in December

November 6, 2015 7:09 PM

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This settles it: The Fed is going to raise interest rates in December

Nine-year-olds are about to see something they haven't their entire lives: the Federal Reserve is going to increase interest rates.

And it's probably going to do that in December. That, at least, was the message markets took from last month's gangbusters jobs report. The economy added 271,000 jobs in October and another 12,000 in revisions to previous months, which was enough to push the unemployment rate down from 5.1 to 5.0 pe...

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