Friday's US nonfarm payrolls showed August job growth far stronger than expected, with payrolls nearly three times economists' forecasts. Short-term interest rate futures now imply roughly a 65% probability of a Fed rate hike at the September meeting, up from about 55% before the report.

2026-09-04

Friday's US nonfarm payrolls showed August job growth far stronger than expected, with payrolls nearly three times economists' forecasts. Short-term interest rate futures now imply roughly a 65% probability of a Fed rate hike at the September meeting, up from about 55% before the report.