Probability of Two Fed Rate Hikes This Year Exceeds 50% Ahead of Nonfarm Payroll Data
On August 31, this Friday, the U.S. will release nonfarm payroll data, which will serve as a key reference for the Federal Reserve's interest rate decision. Ahead of…
On August 31, this Friday, the U.S. will release nonfarm payroll data, which will serve as a key reference for the Federal Reserve's interest rate decision. Ahead of this, CME's "FedWatch" data shows traders are betting that the probability of the Fed raising rates twice this year exceeds 50%.
[BlockBeats]
Original: https://www.theblockbeats.info/flash/364352
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