The Odds for a September Fed Rate Hike Plunged to 25%. Here's Why the Betting Markets Might Be Wrong
Markets cut the chance of a September rate hike to 34% as July inflation cooled, while core PCE stayed above the Fed's 2% target.
4 Articles
4 Articles
The Odds for a September Fed Rate Hike Plunged to 25%. Here's Why the Betting Markets Might Be Wrong
Betting markets just slashed the odds of a September Fed rate hike to 25%, and investors are exhaling. But three more inflation reports stand between now and that meeting, and the numbers already in hand tell a very different story.
More and less experts expect the Fed to raise interest rates in September. The data support its current price, but a change has not yet taken place.
The outlook for monetary tightening in September is moving away from the United States. The latest data on inflation and consumption have reassured the markets and reduced expectations of an increase in the Federal Reserve rates. This scenario change offers a respite to risky assets, including cryptos. However, caution remains to be exercised, as US debt and geopolitical tensions could still affect the Fed's future decisions and the trajectory o…
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
