After the release of nonfarm payrolls, the probability of a Fed rate hike in December rose to 77.7%.
Nov 6, 23:26
November 6th, following the release of the U.S. October non-farm payrolls data, according to CME's "FedWatch": the probability of the Federal Reserve keeping interest rates unchanged in December is 22.3%, while the probability of a 25 basis point rate hike is 77.7%.
As previously reported, the U.S. October seasonally adjusted non-farm payroll employment was 165,000, far exceeding the expected 65,000, with the previous value revised from 29,000 to 60,000.