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JoAnne Bianco Says Labor, Demand and Financial Conditions Could Cut Fed Hike Odds

Money markets priced a 74% chance of a 25-basis-point increase in December.

A brass balance scale sits before a miniature stone facade / TokenPost.ai
A brass balance scale sits before a miniature stone facade / TokenPost.ai

BondBloxx senior investment strategist JoAnne Bianco said softer labor-market data, slower consumer demand or tighter financial conditions could lower the odds of a December Federal Reserve rate increase.

Money markets priced the chance of a 25-basis-point increase at 74%.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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