[PERSON]
Omair Sharif
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Situations
Fed faces rising hike pressure amid persistent inflation
139 clusters · 1136 sources · last updated
Latest: Federal Reserve interest rate hike probability reaches 87% ahead of FOMC
As the September 15-16 meeting approaches, market expectations for an interest rate hike have surged. The CME FedWatch tool now indicates a probability of between 85% and 88% for a 25-basis-point hike, a significant incr