Fed fund futures rally on November jobs report – CNBC

Fed fund futures saw a rally following the release of the November jobs report. The report, which showed solid job gains, boosted investor confidence in the economy. As a result, Fed fund futures prices increased, indicating a higher likelihood of a rate hike by the Federal Reserve in the near future. This news comes as a positive sign for the economy, as strong job growth is typically seen as a key indicator of economic health. Investors will be closely monitoring future economic data releases for further clues on the timing of the next interest rate hike by the Fed.