U.S. August payrolls data boosts Fed hike expectations, rattles markets
A vastly higher-than-expected U.S. August payrolls release jolted global markets, lifting Fed rate hike expectations after earlier cooling from a Fed official’s dovish comments.
CANBERA (dpa-AFX) - A vastly higher-than-expected payrolls data from the U.S. for the month of August has jolted global markets on Friday morning.
Markets ramped up Fed rate hike expectations which had cooled earlier following dovish comments from a Fed official.Data released by the U.S.
Bureau of…