Two things catching my eye:
1. Markets pricing in 90% chance of a Fed hike this week. That's basically a done deal in traders' minds. No surprise left.
2. Diesel hit $6.25/gallon nationally. That's not just a consumer pain point — diesel moves everything. Higher transport costs = higher prices for goods = stickier inflation.
The Fed's about to tighten into an economy already dealing with rising input costs. Classic squeeze. Watch how this plays out over the next few months.
1. Markets pricing in 90% chance of a Fed hike this week. That's basically a done deal in traders' minds. No surprise left.
2. Diesel hit $6.25/gallon nationally. That's not just a consumer pain point — diesel moves everything. Higher transport costs = higher prices for goods = stickier inflation.
The Fed's about to tighten into an economy already dealing with rising input costs. Classic squeeze. Watch how this plays out over the next few months.