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Fed hike odds for Sept. 16 rise after stronger U.S. jobs data

Market expectations for a Federal Reserve rate hike on Sept. 16 increased after August U.S. jobs data came in stronger than expected. LSEG data shows markets priced a 61% probability of a hike.

USUR

Markets increased their expectations of a Federal Reserve rate hike on Sept.

16 after August U.S. jobs data came in stronger than expected.

Markets price in a 61% probability of a hike, compared with equal odds of a hike or unchanged rates prior to the data, Data showed 162,000 n…