23 Hrs
Source:
معلومات مباشر
Markets anticipate Fed rate increase after jobs report
Futures contracts for U.S. interest rates rose significantly after the release of strong employment data in May that exceeded expectations. The market now indicates a 65% chance that the Federal Reserve will raise interest rates in December, up from 48% before the report. Non-farm employment increased by 172,000 jobs last month, with the April figure revised to 179,000, while economists had expected an addition of about 85,000 jobs only. Nevertheless, the market still anticipates that the Federal Reserve will keep the current rate between 3.5% and 3.75% at the June meeting.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)