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.
Markets lifted expectations for a Federal Reserve rate hike on Sept. 16 after August U.S. jobs data came in stronger than expected. LSEG said markets are pricing in a 61% probability of a hike, versus equal odds of a hike or unchanged rates before the data.
The data showed 162,000 n…