Fed’s interest rate hikes loom as labour market shows signs of strength, warns senior market analyst, David Scutt
The US Federal Reserve could have more interest rate hikes ahead if the labour market continues to hold up.
Speaking with Ticker, market analyst David Scutt says the US jobs market may need to deteriorate sharply to prevent further rate increases, with October and December now firmly in focus.
Scutt examines the Fed’s stronger-than-expected signal and why markets may need to prepare for the possibility of higher rates for longer.
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