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Traders raise chances of quarter-of-a-percentage-point Fed rate hikes in February and March after December jobs report

Fed funds futures traders see a better-than-not likelihood that the Federal Reserve will lift rates by a smaller-than-usual 25 basis points each at its next two meetings, after December’s jobs report pointed to slowing wage growth and easing inflation pressures. The chance of a quarter-percentage-point hike next month rose to as much as 70% on […] The post Traders raise chances of quarter-of-a-percentage-point Fed rate hikes in February and March after December jobs report appeared first on Fore... Read More
Posted: Jan 6 2023, 14:30
Author Name: forextv
Views: 102145

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