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A quick glance at the Fed funds futures curve before the main event today
Essentially, not much has changed since the FOMC meeting last month. The Friday jobs report last week has only served to validate prevailing market sentiment and traders didn't see much need to budge from the pricing after the Fed.Considering that inflation data is the all the rage these days, there might be more of a reaction in Fed pricing today than we would have liked to see with the non-farm payrolls at the end of last week. But given that traders are not pricing in any more Fed rate hikes...
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Posted: Aug 10 2023, 11:17
Author Name: forexlive
Views: 110594