July Jobs Report to Determine Fed Rate-Hike Odds

investors.com

The July jobs report, expected to show solid gains and steady unemployment, may shift odds of a Federal Reserve September rate hike. S&P 500 futures rose. The monthly employment data offers crucial insight into labor-market strength, helping investors assess whether the Federal Reserve will raise interest rates in September. Stock futures climbed in early trading ahead of the release. Investors will closely watch wage growth and labor-force participation for signs of inflation pressure, as policymakers balance economic strength against elevated prices.


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