#fedratewatch
Core CPI Hits 0.3% MoM — Why Markets Are Pricing a Hike at ~90%August core CPI rose 0.3% month-over-month (above the 0.2% consensus) while the year-over-year rate eased slightly to 2.4%. Headline CPI came in at +0.4% MoM / +3.4% YoY. The monthly core acceleration, driven by services and a few volatile categories, quickly pushed Fed-funds futures and prediction markets to roughly 90–94% odds of a 25 bp hike at this week’s FOMC meeting.
$AKE
$CROSS
$SYN
Core CPI Hits 0.3% MoM — Why Markets Are Pricing a Hike at ~90%August core CPI rose 0.3% month-over-month (above the 0.2% consensus) while the year-over-year rate eased slightly to 2.4%. Headline CPI came in at +0.4% MoM / +3.4% YoY. The monthly core acceleration, driven by services and a few volatile categories, quickly pushed Fed-funds futures and prediction markets to roughly 90–94% odds of a 25 bp hike at this week’s FOMC meeting.
$AKE
$CROSS
$SYN
