Slow, stable United States task development seen in December
By Lucia Mutikani WASHINGTON (Reuters) - U.S. task development most likely slowed to a still-healthy clip in December while the joblessness rate held stable at 4.2%, enhancing the Federal Reserve's careful technique towards rate of interest cuts this year. The Labor Department's carefully viewed work report on Friday will most likely not be clouded by the weather condition and strike distortions that controlled in October and November. The labor market would be ending the year on strong footing, though worries are installing that promises by President-elect Donald Trump to enforce or enormously raise tariffs on imports and deport countless undocumented immigrants might hinder momentum. Those concerns appeared in minutes of the U.S. reserve bank's Dec. 17-18 policy conference released on W...