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The Fed was expected to hike interest rates in September. Don't bet on that now, economists say.

monetary_policyUnited StatesCBS News7 Aug, 18:33 UTC

Context

The Fed was expected to hike interest rates in September. Don't bet on that now, economists say.  CBS News U.S. economy unexpectedly lost 23,000 jobs in July  CNBC Labor Market Shifts Into Reverse  The New York Times What the jobs report can’t tell us about the confounding economic moment  CNN 'Weaker than we thought': Jobs surprise deals setback for GOP in elections  Politico

What it means

Causal chain

No clear market signal

How to read a signal
Severity
the event's market impact, 1–5
Direction
/ likely price move for the asset
Exp. move
the size of the abnormal move we'd expect if the call plays out — not a claim a move will happen:
Ssmall<1%
Mmoderate1–5%
Llarge>5%
Most flagged events don't move beyond noise; those count against us (see the track record).
Timeframe
the window we measure over:
1dshort
5dmedium
21dlong
Conviction
how well-established the directional call is (textbook → speculative) — not a guaranteed outcome:
low
average
strong

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Not investment advice · for informational purposes only. Generated 2h ago