Macro
Confidence 0.80
Fed rate hike bets trimmed after weak July jobs data
What happened
Market expectations for a Federal Reserve rate hike have diminished following the release of weak jobs data for July.
Causal chain
Weak July jobs data Reduced expectations for Fed rate hike
India impact
Sector impacts
Short term (1–4 weeks)
Market sentiment may improve with stable rates.
Long term (3–6 months)
Long-term economic growth could be supported by stable rates.
Sources
- · Fed rate hike bets trimmed after weak July jobs data