Analyst: The non-farm report confirms that the Federal Reserve will continue to cut interest rates in December

ChainCatcher news, Eric Mullis, Managing Director and Co-Head of Global Markets at Citizens, stated that the non-farm payroll report for November showed the expected rebound in hiring, with no major surprises. The slight increase in the unemployment rate and the decline in participation rate should persuade the Federal Reserve to continue its gradual easing path at the December meeting.