RSS Feed
October 9th, 2021 
Awake Goy NEW YORK—Futures on the federal funds rate, which track short-term interest rate expectations, on Friday has priced in a quarter-point tightening by the Federal Reserve either by November or December next year despite a U.S. payrolls report that came in way below expectations.
The fed funds market showed a more than 94 percent chance of a rate hike by November 2022, fully pricing that scenario in December next year. That was more or less the same before the release of the payrolls report.
Data showed that the U.S. non-farm payrolls increased by just 194,000 jobs last month, underwhelming forecasts for an increase of 500,000 new jobs.
Follow
Related posts:
New Zealand Fudged The Data On How Kidneys Fare After COVID Vaccines & the Original Study is now Scr...
Billionaire Investors Backing An Oil Price Turnaround
MSNBC’s Joy Reid Says She Will Double Mask & Avoid Indoor Activities Even After Getting the Vaccine
What Happens To Bitcoin After The Ethereum Merge? - GreatGameIndia
Sheriff had cause to take Maine shooter into protective custody: report
Relatives of Taiwanese rights activist Lee Ming-che seek to visit him after China’s prison move
Posted in 
Tags: 
