Fed Rate Hike in September Is All but Guaranteed After CPI Report, Economists Say

Fed rate hike in September is all but guaranteed after CPI report, economists say

Investors believe the Fed will raise borrowing costs as it works to tame inflation, which has risen a full percentage point since the Iran war started.

August Inflation Data Pushes the Fed Toward Its First Rate Hike Since 2023

August's CPI report showed core inflation rising 0.3% for the month, faster than expected, pushing Fed rate hike odds to roughly 69% ahead of the September 16 meeting. The surprise lands alongside record $6-a-gallon diesel prices and mortgage rates back above 7%, yet stocks and bitcoin both rallied Friday as traders priced in certainty over a Fed that just weeks ago was expected to cut.

Bitcoin Rises as Markets Digest Inflation Data Ahead of Fed Rate Decision

Inflation held at 3.4% and core cooled annually, but a hot monthly core reading kept Fed hike odds near 62% while crypto markets rallied broadly.

Fed rate hike odds surge to 90% after core inflation surprises to the upside

The unexpected inflation surge complicates economic recovery, potentially leading to prolonged monetary tightening and impacting investment strategies.

Altcoin Market Rebounds After CPI Print – What’s Next?

Summary Altcoins moved higher after August CPI matched the headline forecast. Traders now price a September Fed rate hike at close to 90 percent. Bitcoin open interest sits near $53B with positioning leaning short. A Warsh rate hike would likely pull crypto lower across the board. The altcoin...

Bitcoin After CPI: $77,400 as Hike Odds Hit 90%

Updated 11 September 2026, after the 8:30 a.m. ET BLS release. Bitcoin dipped to $76,700 on the print and was back at $77,400 minutes later (CoinDesk live coverage, 11 September). Verdict: the report was in line at the headline and a tenth hot at the core, which pushed a 16 September rate hike from probable to near-consensus - and bitcoin absorbed it without losing the $76,500-$77,000 shelf it has been defending all week. Key facts Headline CPI …