Strong July payrolls above 130,000 could revive Fed July hike odds, BNP says

BNP Paribas chief economist Isabelle Mateos y Lago said markets cut implied chances of a July 29 Fed rate increase to about 20% from 33%, while still pricing a 25-basis-point move by December.

Summary

verifying reliability

Terms & Concepts

No specialized terms available for this topic.