Fed set to hold rates steady as markets price in July uncertainty
What's next: Traders still see roughly a 40% chance of a quarter-point hike, with many shifting attention to a possible September move.
Bloomberg, The Business Times (Singapore) +1
What's next: Traders still see roughly a 40% chance of a quarter-point hike, with many shifting attention to a possible September move.
Why it matters: stronger hiring and upward revisions for March and April reduce pressure on the Fed to cut rates soon.