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Fed rate-hike bets rise to 85% after hot August inflation data
Recent inflation figures have exceeded expectations, leading many to anticipate a rate hike from the Federal Reserve. Core consumer prices increased more than what economists forecasted last month, and alongside rising oil prices, this trend indicates that inflation is on an upward trajectory. Traders are now estimating an 85% likelihood of a quarter-point increase in the upcoming meeting, with further rate hikes expected in December.
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cryptobriefing.com
Traders fully price in Federal Reserve rate hike in October after PPI data
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%
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cnbc.com
The likelihood of a Fed interest rate hike next week just got a lot higher
Traders pushed chances for a rate increase to 70% in morning action.
