JP Morgan says the odds of a Sep Fed liftoff are higher than for any other single meeting

JP Morgan give their verdict on Jackson Hole

JPM say that the Jackson Hole comments left them comfortable with their view that the odds for a Sep liftoff are higher than for any other single meeting

Although they say odds are less than 50%, they see it at 35-40%

They maintain their view that Fed squawkers generally kept the tone that the data and market developments between now and the FOMC could easily sway the decision

The payrolls report on Friday is going to be another huge one with the Sep FOMC just around the corner after that. There's plenty of other big data before then with manufacturing PMI's tomorrow, factory orders on Wednesday and non-manufacturing PMI on Thursday, to name a few