CPI "Moving the Needle" on Interest Rates, Chance of Starting Hike Cycle

Friday's CPI showing a slightly hot core number raised expectations for an interest rate between 85% to 90% in September, according to Collin Martin (@CharlesSchwab). If inflation remains stays stubborn, he makes the case the next hike will likely begin a hiking cycle.

Source: Schwab Network

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Category General

Source Schwab Network

Published 2 weeks ago

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News ID #16,419

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