Hlib Chabaniuk

Fed hike probability falls to 42 percent after jobs data, Justin Wolfers notes

Fed hike probability falls to 42 percent after jobs data, Justin Wolfers notes
Fed hike probability falls after jobs data

Justin Wolfers highlights that the Federal Reserve is currently reassessing its position. According to Wolfers, the probability of a Fed rate hike in September, as implied by Fed funds futures, fell from 55 percent yesterday to 42 percent today after the latest jobs numbers.

Wolfers has previously reviewed Federal Reserve communications and assessed recent U.S. GDP data in an analysis of the economic impact of new tariffs. In a separate report, he discussed how early access to presidential news could affect market integrity and ordinary investors, referencing insider trading laws. These earlier examinations provide context for his ongoing focus on factors influencing the Fed's decisions.

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