The likelihood of a Fed interest rate hike next week just got a lot higher

The odds of a Fed rate hike next week rose to 70% after a report showing increasing wholesale prices, and after oil jumped past $100 a barrel. In addition, the market now views a second increase before the end of the year as a possibility, following accelerated inflation fears.

Source: CNBC

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Category General

Source CNBC

Published 2 weeks ago

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News ID #15,920

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