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Jobs report fuels speculation of impending interest rate hike
By James Van Straten at 2024-11-28 21:39
Sentiment: Unknown
Quick Take On the news of today, job report, and unemployment data, the market is now pricing in a 70% chance of a 25bps rate hike. This would take the federal funds rate above 5%. The market now expects a 25bps hike in May, a pause in June, and a 25bps cut in July. However, […] The post Jobs report fuels speculation of impending interest rate hike appeared first on CryptoSlate. Continue reading...
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