Analysis: Hot CPI puts Kevin Warsh’s Fed credibility on the line before rate decision

Fed rate-hike odds surge as Warsh faces inflation-weary markets

Fed likely to raise rates 25bp Sept. 15 with 86.3% probability; hot CPI signals three potential hikes through January 2027. Rising rates pressure tech valuations and M&A costs, forcing IT leaders to tighten hiring and capital allocation decisions.