December 8, 2024 – Written by David Woodsmith
STORY LINK Dollar to Pound Sterling Outlook: Softer US Jobs Makes a FED Christmas Cut More Likely
Friday’s Jobs Report was mixed.
The headline number beat expectations, but the unemployment rate rose.
The Fed will be more concerned with the latter and the report has increased the odds of a December cut to around 84%.
Friday’s Jobs Report had the potential to shift the odds of a December cut which stood at 68% ahead…
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