An article from
Dive Brief
Traders in interest rate futures see 80% odds that the Federal Reserve will raise the federal funds rate by at least a quarter percentage point by the end of this year.
Published June 25, 2026
Getty Images
Traders in interest rate futures see 80% odds that the Federal Reserve will raise the federal funds rate by at least a quarter percentage point by the end of this year.
An article from
Dive Brief
Traders in interest rate futures see 80% odds that the Federal Reserve will raise the federal funds rate by at least a quarter percentage point by the end of this year.
Published June 25, 2026
Getty Images

US inflation hits three-year high as consumer spending rises in May

US inflation climbs to highest since 2023 as consumer spending and income beat forecasts

US inflation rises to 3-year high, spending picks up

Key Inflation Measure Neared 3-Year High In May

Fed's Favorite Inflation Gauge Hits 3-Year High, Fueling Rate-Hike Bets

US inflation tops 4% for first time in three years, keeping Fed hike in play

US inflation tops 4% for first time in three years, boosts Fed hike bets

The Fed's preferred inflation gauge shows prices rising at fastest pace in 3 years

Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows

US Federal Reserve sees faster inflation in latest gauge update

FOMC officials expect the core personal consumption expenditures price index, which excludes food and energy, to increase at a…

Recent forecasts point to a surge in consumer prices, while some economists have warned of a possible recession.

US inflation hits a three-year high at 4.2% amid rising consumer spending. Inflation at 3.8% in June priced at 56% YES.

US consumer spending rose 0.7% in May as CPI hit 4.2%, a three-year high. Here's what the inflation-spending paradox means for…

The numbers are likely to keep pressure on the Federal Reserve to raise interest rates this year.

Traders anticipate the central bank hiking interest rates amid high inflation.