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Consumer spending rises as inflation speeds up to three-year high
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.
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forbes.com
Key Inflation Measure Neared 3-Year High In May
Traders anticipate the central bank hiking interest rates amid high inflation.
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cfodive.com
Consumer spending rises as inflation speeds up to three-year high
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.
