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U.S. fed funds futures fully price in rate hike by December 2022 after payrolls

U.S. fed funds futures fully price in rate hike by December 2022 after payrolls

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Futures on the federal funds rate, which track short-term interest rate expectations, on Friday has priced in a quarter-point tightening by the Federal Reserve either by November or December next year despite a U.S. payrolls report that came in way below expectations.

...read full article on Reuters

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