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Odds Of a Fed Rate Hike Climbed After Hotter-Than-Expected Core Inflation. Stocks Climbed Anyway.
The S&P 500, Dow and Nasdaq advanced as traders priced in an 86.3% chance of a rate hike after core inflation rose 0.3%, the CME Group said.
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3 Articles
August Inflation Came in Hot, and the Odds of a September Rate Hike Are Now 85%. But There's a Silver Lining Driving Stocks Higher
August Inflation Came in Hot, and the Odds of a September Rate Hike Are Now 85%. But There's a Silver Lining Driving Stocks Higher. All eyes were on the August Consumer Price Index (CPI) released on the morning of Sept. 11, as it was the last major data point before the Federal Open Market…
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Total News Sources3
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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