U.S. Nonfarm Payrolls Report: Weaker July Growth Decreases Chance of Rate Hike to Below 30%
A weaker-than-expected U.S. nonfarm payrolls report in July pushed the Federal Funds futures market’s implied probability of another rate hike this year to less than 30%. 2008 Washington, D.C. (2023 REUTERS/Jason Reed/File Photo) (Reuters) – U.S. interest rate futures are pricing in a 30% chance of another rate hike this year after July’s weaker-than-expected nonfarm … Read more