Fed Hike Odds Collapse to 16% on Prediction Markets After Soft Jobs Report
October Fed hike odds plunged to 16% after U.S. payroll growth badly missed expectations.
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Why It Matters
Fewer new jobs were created than people expected last month. Markets now think the Federal Reserve is less likely to raise interest rates soon.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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