The Fed is re-assessing things right now.
Fed funds futures are a a reasonable guess of what changed.
Yesterday: 55% chance of a Fed hike in September
Today (after the jobs numbers): That's down to 42%, a meaningful change.
The Fed is re-assessing things right now.
Fed funds futures are a a reasonable guess of what changed.
Yesterday: 55% chance of a Fed hike in September
Today (after the jobs numbers): That's down to 42%, a meaningful change.