Fed Rate Hike Probability Hits 90% After Core CPI Exceeds Forecast
The Federal Reserve faces renewed rate hike pressure after August core CPI rose 0.3% month-over-month on September 11, exceeding the 0.2% forecast. The CME FedWatch tool immediately reflected the market reaction, with the probability of a 25-basis-point rate hike at the September 16 FOMC meeting
LucasBennett·09-11 15:46
