WS #13554
Fed holds rates at 3.5-3.75% with 3 dissents favoring a hike, markets now price >57% chance of September hike, while June jobs report shows sharp slowdown (57k payrolls) and labor force participation at 50-year low.
Fed Hawkish Hold and Rate Hike Expectations
Fed holds rates at 3.5-3.75% with 3 dissents favoring a hike, markets now price >57% chance of September hike, while June jobs report shows sharp slowdown (57k payrolls) and labor force participation at 50-year low.