Retail sales and consumer sentiment data weaken rate hike expectations. Rate hike by September 2026 at 22.5% YES, October 2026 at 39.5% YES.

Fed likely to hold rates steady as market lowers September hike odds. Rate hike by September at 31% YES.

US inflation eases to 3.4% in July, signaling a likely Fed pause in September. Rate cut in next three meetings at 43.5% YES.

Emerging-market assets rally as US inflation data suggests a delay in Fed rate hikes. Rate hike by September 2026 at 28% YES.

Retail sales and consumer sentiment data weaken rate hike expectations. Rate hike by September 2026 at 22.5% YES, October 2026 at 39.5% YES.