Rate Hikes and Wages

Bond Traders Expect More Federal Reserve Rate Hikes Despite Slowing Job Growth

Bond traders are expecting more interest-rate hikes from the Federal Reserve this year, despite a potential slowdown in job growth. Despite this, they believe that the anticipated slowdown in employment growth will not significantly impact the outlook. Kitty Richards, senior fellow at the Groundwork Collaborative and former Treasury official, said that the biggest problem for families is that wages continue to decline. Richards also highlighted the decline in wages as a major issue for families.