U.S. fed funds futures fully price in rate hike by December 2022 after payrolls

by Aurelia Butler 8 October 2021, 13:06 109 Views

The fed funds market showed a more than 94% chance of a rate hike by November 2022, fully pricing that scenario in December next year. That was more or less the same before the release of the payrolls report.

Data showed that the U.S. nonfarm payrolls increased by just 194,000 jobs last month, underwhelming forecasts for an increase of 500,000 new jobs.

Source: Economy - investing.com

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U.S. fed funds futures fully price in rate hike by December 2022 after payrolls

Global corporate tax deal nears as holdouts drop objections

U.S. bond funds see lowest weekly inflow in 2-1/2 months on inflation fears, Lipper says

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