Jobs Data: December Rate Hike Odds Hit 80%
The Kobeissi Letter reports market expectations for another 25 basis point Fed rate hike in December have reached a new high of 80% after the October jobs report showed the US economy added 100,000 more positions than expected.
SourceAnalysis
Market expectations for another 25 basis point Fed rate hike in December have climbed to a new high of 80% after the October jobs report, according to @KobeissiLetter. The US economy added 100,000 more jobs than expected last month.
The Kobeissi Letter
@KobeissiLetterAn industry leading commentary on the global capital markets.