🤣 Damn, this is huge. CPI inflation came in above expectations across the board!
Looks like the odds of a rate hike at the late-October policy meeting are set to jump quite a bit. Still, they probably won’t hike rates in late October, but the market will need some time to digest this short-term negative news.
Looks like the odds of a rate hike at the late-October policy meeting are set to jump quite a bit. Still, they probably won’t hike rates in late October, but the market will need some time to digest this short-term negative news.