94 Days
Source:
الاقتصادية
Source: الاقتصادية
94 Daysالاقتصادية
Source: الاقتصادية
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Fears of a September increase in U.S. interest rates have diminished after weak job data for July were released. The likelihood of a rate hike has dropped to 43.9% from 57% before the report, while the chances of keeping rates unchanged have increased to 60.4% from 43.2%. The data showed a decline of 23,000 non-farm jobs, compared to expectations of approximately 83,000 new jobs, with the unemployment rate falling to 4.1%. This indicates to markets that a weakening labor market could prompt the Federal Reserve to delay raising interest rates, following their decision to hold rates at 3.50% to 3.75% in July, with ongoing focus on balancing inflation and the labor market.
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