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U.S. Jobs Report Crushes Forecasts, Raising Bets on Fed Rate Hike in September

By Trader Edge at 2026-09-07 02:28

Sentiment: Negative

TLDR The U.S. added 162,000 jobs in August, far above the 55,000 expected The unemployment rate held steady at 4.1% Food services added 59,000 jobs; the information sector lost 23,000 Odds of a September Fed rate hike rose to around 60% after the report Treasury yields climbed and Wall Street futures fell on the news [...] The post U.S. Jobs Report Crushes Forecasts, Raising Bets on Fed Rate Hike in September appeared first on CoinCentral. Continue reading...

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