US government data showed the Fed’s preferred inflation gauge rose 3.7% YoY in
July, slightly above economists’ forecasts. Rate futures priced the probability
of a September Fed rate hike at about 42% after the release, up from about 36%
before.
2026-08-26
US government data showed the Fed’s preferred inflation gauge rose 3.7% YoY in
July, slightly above economists’ forecasts. Rate futures priced the probability
of a September Fed rate hike at about 42% after the release, up from about 36%
before.
