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June Fed hike odds plummet after non-farm payrolls miss

Discussion in 'Fundamental Analysis' started by ForexLive, Jun 3, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Forget about a hike in two weeks The Fed really knows how to set 'em up and knock 'em down. In early May the market has buried the idea of a June rate hike but hawkish FOMC Minutes and commentary from Fed members but it firmly back on the table. But the Fed misread the economic situation and now weak jobs numbers have virtually killed the chance of a June hike.

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