Fed hike probability falls to 30% after ECB via ForexLive

Slower growth in Europe seen as a signal to Fed Fed funds futures are now showing just a 30% chance of a rate hike on Sept 17, down from 38% yesterday. The shift comes despite a stronger-than-expected ISM nonmanufacturing index. Instead it was a slate of worries about Eurozone and emerging market growth from ECB President Mario Draghi. So far, the Fed has been dismissive of those worries, saying they won't hit US shores.

posted via ForexLive