Chances of First Fed Rate Hike Since 2023 Now Over 90% — Markets Brace for the Warsh-Era Shock

Rates could rise for 1st time since 2023

FEDERAL RESERVE

Is it finally time? Why the Fed may raise rates for first time since 2023.

Ahead of the September meeting, inflation was rising faster than workers’ paychecks and hiring rebounded in August.

Restarting the Iran War Trade Didn’t Stick. On to the Fed.

Gold refused to break and the dollar couldn’t hold a rally amid spiking oil prices. Still, the markets are convinced that a Fed rate hike is due this week, and several more soon after. Will Warsh and company deliver?

Chances of First Fed Rate Hike Since 2023 Now Over 90% — Markets Brace for the Warsh-Era Shock

The post Chances of First Fed Rate Hike Since 2023 Now Over 90% — Markets Brace for the Warsh-Era Shock appeared first on 24/7 Wall St.. The latest data have turned the September meeting of the Federal Reservce Open Market Committee into a very different event than investors expected at the start…