SINGAPORE – The latest US job numbers have put paid to dire predictions that America is hurtling into a recession.
But with figures showing a more-than-expected 372,000 US jobs added last month, markets are now looking at a possible second 75 basis-point hike later this month, followed by another in September.
source https://netdace.com/latest-news/another-big-fed-rate-hike-likely-but-worst-may-be-over-for-markets/