THE PROBABILITY OF AN INTEREST RATE HIKE HAS REACHED AN ALARMING LEVEL
The market has no doubts anymore. The bet on monetary tightening in December has risen from 88.8% to nearly 99%.
The reason lies in the inflation figures. The year-over-year CPI reached 4.0% in October, up from 3.7% in September. Monthly figures were also high, with headline inflation at 0.4% and core inflation at 0.3%.
Be aware that these figures are only market estimates and do not represent the Federal Reserve’s final decision. The official decision has not yet been made and could surprise everyone. Keep an eye on your portfolio.
#HotCPIDecemberHikePriced
$AGT
$KGEN
$ERA
The market has no doubts anymore. The bet on monetary tightening in December has risen from 88.8% to nearly 99%.
The reason lies in the inflation figures. The year-over-year CPI reached 4.0% in October, up from 3.7% in September. Monthly figures were also high, with headline inflation at 0.4% and core inflation at 0.3%.
Be aware that these figures are only market estimates and do not represent the Federal Reserve’s final decision. The official decision has not yet been made and could surprise everyone. Keep an eye on your portfolio.
#HotCPIDecemberHikePriced
$AGT
$KGEN
$ERA
