Sep 12, 2026 – 4.14amUS stocks ended the week on a positive note, as oil retreated and bond yields steadied. That came even after August consumer price data cleared a path for the Federal Reserve to increase interest rates next week.Policymakers will meet on Tuesday and Wednesday, with a statement to be released at 4am AEST on Thursday. The probability of a 25 basis point increase rose to 86.5 per cent, according to the CME’s FedWatch metric, up from 72.4 per cent the previous day and 59.4 per cent a week earlier.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Wall Street rallies as oil retreats, bond market steadies
The S&P 500 rose 0.9 per cent, with investors apparently viewing the heightened probability of a rate hike next week as a positive inflation fighting move.
TL;DRAI
Fed rate hike probability hits 86.5% for next week's policy decision as Wall Street rallies on oil retreat and stable bond yields. Higher rates increase tech sector capital costs, directly impacting M&A valuations, startup funding conditions, and enterprise infrastructure budgets.
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