Morning News: Fed's Cook Comes Under Increased Attention Again
2026-08-10 18:58:25
According to CoinMeta, despite Wall Street stocks hitting new record highs again last Friday, the unexpected decline in U.S. employment in July did not have as significant an impact on interest rate markets as initially anticipated. The market is still pricing in a 50% chance of the Federal Reserve raising interest rates next month. Additionally, Brent crude oil prices rose above $84 per barrel on Monday due to improved prospects for negotiations between Iran and the United States. Meanwhile, annual profits of S&P 500 companies increased by 51% in the second quarter.
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Source:Internet
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