Economy
Install the Minutes extension for translated subtitles
Get the Minutes app for translated subtitles (coming soon)
Subtitle size
Display
Translate into
EconomyStrong Payrolls Fuel Fed Hike Bets
A stronger-than-expected rise in US employment pushed stocks and short-dated bonds lower as traders increased their wagers on a Federal Reserve rate hike this month. Analysts expect next week’s inflation data to shape the September decision, while swaps put the odds of a hike above 50%.
