October 6, 2017 / 12:44 PM / 5 months ago

Traders keep bets on Fed rate hike in December after jobs report

(Reuters) - U.S. short-term interest rate futures fell slightly on Friday after a government report showed the U.S. jobs market weakened in a hurricane-heavy September, though the drop was not enough to signal traders are backing away from expectations the Federal Reserve will raise interest rates in December.

Traders continue to give about a 75 percent chance the Fed will raise rates in two months time, and about even odds of another rate hike next June, based on a Reuters analysis of Fed funds futures traded at CME Group Inc’s Chicago Board of Trade.

Reporting by Ann Saphir

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below