Find public news by keyword, exact ticker, category and date.
Open a ticker page for its news coverage. The news search below stays a text search.
3 results loaded, newest first. End of these results.
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.
Friday's August employment report may decide whether the Fed pauses or raises rates on Sept. 16, with CME FedWatch pricing a 50-50 split. Economists expect 56,000 jobs added, unemployment at 4.1% and hourly earnings up 0.3% month on month.
New York Fed President John Williams said the recent climb in Treasury yields is driven largely by a strong U.S. economy, with higher real rates and investment demand playing a bigger role than inflation compensation.