The Jobs Report Surprised To The Downside. Bets That The Fed Won't Hike Rates In September Are Up

Source: International Business Times

Traders increased their bets that the Fed won't hike interest rates in September following a weak jobs report. AFP Traders increased their bets that the Federal Reserve won't hike interest rates in September following a weak jobs report. According to the CME Group's FedWatch gauge of futures prices, odds of a hike fell to 44% from 58.

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