CPI data is coming today with expectations at 3.6%.
Currently, the market sees an 81% chance that the Fed will hold rates this month.
If CPI <= 3.6%, the rate pause could become almost certain.
If CPI > 3.6%, the rate hike odds could go up, but I still think a pause will happen this month.
Currently, the market sees an 81% chance that the Fed will hold rates this month.
If CPI <= 3.6%, the rate pause could become almost certain.
If CPI > 3.6%, the rate hike odds could go up, but I still think a pause will happen this month.