# Professor Joseph Foudy shares what the results of the jobs report could mean for Federal Reserve interest rates

1 Faculty News December 2, 2016 ![New York Post logo](/sites/default/files/styles/246w/public/assets/images/con_031743.jpg?itok=0h5FlsRq)>

Excerpt from [The New York Post](http://nypost.com/2016/12/02/unemployment-falls-but-that-likely-means-a-fed-rate-hike/) -- "'This probably seals the deal for a rate hike by the Fed,' said New York University economics professor [Joe Foudy](http://www.stern.nyu.edu/faculty/bio/joseph-foudy). 'The election is over; the job market is solid, if unspectacular; and there really is no more reason to wait.'"

[Read more](http://nypost.com/2016/12/02/unemployment-falls-but-that-likely-means-a-fed-rate-hike/)