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July Inflation Rose As Expected—Here’s Why A Fed Rate Hike Is Now Unlikely
Another inflation reading comes as the Federal Reserve mulls potential interest rate hikes.
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cryptobriefing.com
US inflation outlook raises questions on September rate decision
The Fed's 9-3 split vote and 36% market odds of a September rate hike put the August CPI print at the center of macro and crypto risk sentiment.
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Federal Reserve's next rate move hinges on July CPI report
The Fed's September rate decision hinges on July CPI data due August 12, with the FOMC already split 9-3 and inflation at 3.5% year-over-year.
