COMMERCIAL REAL ESTATE'S ECONOMIC ADVISORS

The US economy added 165,000 payrolls in October, strengthening the case for a December rate hike.

The September jobs report lands three weeks after the Federal Reserve delivered its first rate hike in three years. Its weak print softens the urgency for tightening

CPI is the last major data release before the FOMC convenes on September 15–16, amid increasingly hawkish projections for its upcoming interest rate decision.

August’s stronger-than-expected job gains, on top of the June and July revisions, give hawks additional fodder for the September meeting.