Traders fully price in a Fed rate hike by October 2026 after August PPI data shows 5.4% annual inflation, well above the central bank's 2%

The Fed's September rate decision hinges on August CPI and PPI data due September 10-11, with inflation still well above the 2% target.

Traders fully price in a Fed rate hike by October 2026 after August PPI data shows 5.4% annual inflation, well above the central bank's 2%