Correspondent, Chicago
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Dec 5, 2014
Dec 5, 2014
Dec 5, 2014

Traders bet Fed will start raising rates next July

Dec 5 (Reuters) – The Federal Reserve’s first round of
interest-rate increases in a decade could start as soon as July,
traders were betting on Friday, after a jump in jobs growth last
month boosted confidence in the staying power of the U.S.
recovery.

U.S. short-term interest-rate futures contracts plunged as
traders priced in higher rates next year on the strength of a
government report showing employers added 321,000 jobs last
month, the most in nearly three years.

Dec 4, 2014
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    • About Ann

      "Coverage includes Federal Reserve regional banks, U.S. monetary policy, interest-rate futures markets, and financial exchanges and clearinghouses serving the derivatives marketplace, including CME Group."
      Joined Reuters:
      2010
      Languages:
      English, Japanese
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