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How has the Fed pricing shifted after Friday's jobs report?

How has the Fed pricing shifted after Friday's jobs report?
Here's a look at the change in the Fed funds futures curve after the Fed policy decision in July and after the US non-farm payrolls last Friday:The change is rather minimal but that's essentially it, isn't it?As things stand, traders are not pricing in any more rate hikes by the Fed this year and the jobs report on Friday validates that sentiment. That comes despite the wages numbers feeling rather hot again. But it is clear that while the labour market continues to be rather tight, we are seein... Read More
Posted: Aug 7 2023, 04:03
Author Name: forexlive
Views: 102861

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