US Jobs Surge Raises Odds of December Fed Hike

On Bloomberg This Weekend, Bloomberg Economics Chief US Economist Anna Wong says October’s surprisingly strong jobs report showed hiring broadening into white collar, manufacturing and transportation jobs, strengthening the case for another Federal Reserve rate hike. Wong tells hosts Christina Ruffini and Lisa Mateo how the Bloomberg Price Project uses millions of alternative data points to provide an independent, more granular measure of US inflation. (Source: Bloomberg)