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With Just 5 Days to Next FOMC Meeting, Odds of Fed Rate Hike Surge to Over 85%
Market sentiment on the Fed's next move has flipped dramatically in just one month, and inflation data released this morning may have sealed the deal before traders even had time to react.
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cryptobriefing.com
Federal Reserve rate hike depends on two key inflation reports
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.
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Fed rate hike possibility for September meeting
Fed rate hike possibility for September rises to 57%. Rate hike in September at 45% YES.
