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Fed Rate Hike Odds Jump to 63% Ahead of Critical CPI Inflation Data

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Surging wholesale inflation and elevated energy costs have pushed prediction market odds for a September Fed rate hike to 63%.
  • Friday's CPI report serves as the decisive catalyst, where a core inflation print above 0.2% could spark severe pressure on equity indices and non-yielding assets.
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US100 price history

29368.44 +18.07% over the displayed period

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