Week Ahead for FX, Bonds: Fed Minutes, U.K. Data in Focus
FROM THE WIRE · WSJ.COM
Market expectations for another Fed rate rise in December have increased in the wake of stronger-than-expected jobs data and higher-than-anticipated inflation.
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishExpectations of another Fed rate hike in December add pressure on bonds and rates.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Market expectations for another Fed rate hike in December have increased.
- 02The shift follows stronger-than-expected jobs data.
- 03Inflation also came in higher than anticipated.