Federal fund futures pricing indicates the Federal Reserve will keep interest rates unchanged for the rest of the year

According to CME's "FedWatch" data, federal fund futures still show that investors expect the Federal Reserve to maintain interest rates for a considerable period through next year. Following a stronger-than-expected jobs report, the probability of rates remaining unchanged until December edged down to 71.8% from 73.1% shortly before the data release. Meanwhile, expectations for a rate hike or cut have risen slightly. (Jinshi)