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Odds Of a Fed Rate Hike Climbed After Hotter-Than-Expected Core Inflation. Stocks Climbed Anyway.
The S&P 500, Dow and Nasdaq advanced as traders priced in an 86.3% chance of a rate hike after core inflation rose 0.3%, the CME Group said.
4 Articles
4 Articles
Hotter than expected CPI inflation number convinces the market that Fed will raise interest rates next week
Odds of a 25 basis point increase in the Federal Reserve’s benchmark shortbterm interest rate, at the Fed’s September 16 meeting, rose to 86.7% fomr 72.4% yesterday, according to the CME FedWatch Tool after a key gauge of U.S. consumer prices rose by more than expected last month. Odds of a second increase in 2026 rose to more than 70%.
August Inflation Came in Hot, and the Odds of a September Rate Hike Are Now 85%. But There's a Silver Lining Driving Stocks Higher
August Inflation Came in Hot, and the Odds of a September Rate Hike Are Now 85%. But There's a Silver Lining Driving Stocks Higher. All eyes were on the August Consumer Price Index (CPI) released on the morning of Sept. 11, as it was the last major data point before the Federal Open Market…
Coverage Details
Total News Sources4
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
Factuality
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