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Catherine Rampell
crampell.bsky.social
did:plc:6m7rbdgaz5vyg4bnbefi7kh6
Markets also seems to read this as a relatively soft report. Yesterday odds of a December rate cut were ~71%; since the jobs report came out, odds have shot up to 87%
https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html?redirect=/trading/interest-rates/countdown-to-fomc.html
2024-12-06T14:25:44.867Z