Fed rate hike expected at September meeting. Rate hike by September 30 at 80.5% YES.

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…

On Friday, bets increased that the Fed will hike by a quarter percentage point after data showed consumer inflation picked up in August.

Fed expected to implement two rate hikes by year-end. Rate pause in next three decisions at 21% YES.