Job Growth: Fed Could Play Santa with Cheap Credit


Job growth could happen, finally. Think early November.

That's when the Fed could play Santa. The Fed could and probably will do that at its Nov. 2-3 meeting by bringing back cheap credit, reports Jeannine Aversa in Forbes. Down, down, down would come interest rates on mortgages, corporate loans, and other debt. That magic happens as soon as the feds buy back treasury bonds.