Latest data: Inflation as measured by the Consumer Price Index (CPI), Producer Price Index (PPI), and Personal Consumption Expenditures (PCE) has climbed again, and the market puts the odds of a Fed rate hike in December as high as 75%. At this time last year, the market forecast at least three rate cuts in 2026. The high-interest-rate environment remains unchanged.

#金融 #经济 #Federal Reserve