NEW YORK May 18 U.S. interest rates futures
fell on Thursday following news of an unexpected drop in
domestic filings for first-time jobless benefits last week and a
surprise increase in a regional business gauge from the
Philadelphia Federal Reserve.
Federal funds futures implied traders saw a 35 percent
chance the Federal Reserve would raise key interest rates twice
by year-end. This compared with about 33 percent before
the release of the latest jobless claims and Philadelphia Fed
data, Reuters data showed.
(Reporting by Richard Leong; Editing by Chizu Nomiyama)