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المشهد العربي
Federal Reserve interest rate hike prospects rise
The August jobs report showed continued strength in the U.S. labor market, with 162,000 jobs added—above expectations—while the unemployment rate remained steady at 4.1%, and the labor force participation rate increased for the first time in a year. Based on this data, the likelihood of the Federal Reserve raising interest rates in the upcoming meetings has risen, now standing at approximately 62.4% in September and 72.4% in October, with expectations of a further increase in December reaching 87%. This outlook leads investors to anticipate additional tightening of U.S. monetary policy to combat potential inflation.
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