Will Fed Hike Rate in September FOMC Meet
Today's jobs report was supposed to be a tiebreaker for the Fed's
September rate decision, giving fed funds and eurodollar traders some
respite after a summer that has been a gut-wrenching, dramamine-chewing
rollercoster. It did not, in fact it boosted uncertainty, with the
probability of a September rate hike rising from 26% to 30%.
In other words, any hope for clarity was
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In other words, any hope for clarity was
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