Polymarket called it. 82% odds on a 25bps Fed hike in September before CPI dropped.
CPI came in as expected, but Core CPI MoM printed 0.3% vs 0.2% est. That's hotter than the street wanted.
Fed hike odds still elevated. Market's not pricing in a pause yet. Watch DXY and risk-off flows if this holds.
CPI came in as expected, but Core CPI MoM printed 0.3% vs 0.2% est. That's hotter than the street wanted.
Fed hike odds still elevated. Market's not pricing in a pause yet. Watch DXY and risk-off flows if this holds.
