Hot US Core CPI Boosts Fed Rate Hike Odds to 86%
US core CPI unexpectedly accelerated to 0.3% month-over-month in August, driven by sticky services and surging energy costs. The hotter reading raised the probability of a 25-basis-point Federal Rese…
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Recently added · Page 1Sticky CPI Boosts Fed Hike Odds to 90%, Pressuring Tech and Apple
August annual inflation remained steady at 3.4% while core monthly CPI exceeded forecasts, pushing odds of a Federal Reserve rate hike to 90%. Surging energy costs and AI-driven memory chip shortages…
GBPUSD Tumbles Ahead of US CPI as Dollar Holds Gains
Dollar holds small gains ahead of US CPI while the ECB is expected to hold rates; euro steady, sterling slips and the Aussie retreats. US PPI fall boosts Fed easing expectations.