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Traders keep bets on one Fed rate hike in 2019

From reuters.com

Traders of U.S. short-term interest-rate futures stuck to bets on Friday that the Federal Reserve will need to slow its pace of rate hikes sharply next year, after a government report showed employers made fewer than expected hires in November. The addition of just 155,000 jobs last month, less than the 200,000 expected, further entrenches rising doubts in financial markets that the Fed will stick to the three rate hikes it had just a few months ago penciled in for next year. Doubts about the Fed’s 2019 rate-hike path have also been recently stoked by a sizable stock-market selloff and increased worries about a ... (full story)

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  • Category: Fundamental Analysis