Fed: Markets Price October Rate Hike After Barr, Inflation Data
Fed markets now price next rate hike for October following Michael Barr comments and hot inflation reading, shifting expectations from prior cycles.
SourceAnalysis
Federal Reserve markets now price the next rate hike for October after Michael Barr comments and a hot inflation reading. Traders adjusted Fed rate hike expectations sharply higher on the data, echoing patterns seen in recent Federal Reserve rate hike cycles after similar inflation surprises.
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