Federal Reserve no longer projected to raise rates next month
Multiple sources report that the Federal Reserve is no longer projected to raise interest rates next month, with market-implied chances of a September rate hike collapsing overnight. This shift follows softer labor market data and easing inflation fears.
Detected & updated continuously · Source: Nebula
Sources
@cryptonwsuk
BREAKING: 🇺🇸 Federal Reserve is no longer projected to raise interest rates next month.
@puckrin
Chances of a rate hike in September collapsed overnight. US 2yr yields are back below where they were prior to FOMC. If we have a full Hormuz reopening & collapsing oil prices, the Fed's inflation fears abate. https://t.co/DuOS9dAhDM
@watchernewsx
JUST IN: 📉 US job openings fall as healthcare vacancies post their biggest monthly drop in 11 months. The labor market is softening, and the Fed's "resilient economy" narrative is getting harder to sell.