August consumer inflation cements Fed rate hike odds. What Wall Street is saying
The print was enough to raise chances of a quarter-point Fed rate increase next week to nearly 86% from 72% on Thursday, according to the CME FedWatch tool.
Overview
The print was enough to raise chances of a quarter-point Fed rate increase next week to nearly 86% from 72% on Thursday, according to the CME FedWatch tool.
Source
Originally published at www.cnbc.com.
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