Polymarket odds of a September Fed rate hike jump to 81% after August CPI
Polymarket pricing for a September Fed rate hike rose to 81% after the August CPI release, up from above 70% the prior day, with traders citing core inflation rising 0.3% m/m versus 0.2% expected. The FOMC decision is scheduled for the following week.
Detected & updated continuously · Source: Nebula
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@cryptodotnews
JUST IN: Chance of a September Fed rate hike rises to 81% on Polymarket The odds for a 25-basis-point hike jumped after August CPI, with core inflation rising 0.3% m/m versus 0.2% expected. https://t.co/Yf6ztlzGnW
@KevRGordon
Market pricing for a September Fed rate hike jumping above 70% … hard to see the Fed going against that if it sticks after we get CPI https://t.co/Ijf6B3YGrR
@coinbureau
🚨JUST OUT: U.S. CPI HELD STEADY, in line with expectations. • Headline CPI YoY: 3.4% vs. 3.4% expected and prior • Core CPI YoY: 2.4% vs. 2.4% expected and 2.5% prior Core inflation cooled from last month, but matched forecasts. Traders now see about 90% chance of a Fed https://t.co/TucPksu52q
@kale_abe
hate to say it but I think it's pullback time in crypto FOMC next week is way too much uncertainty for markets Not a fan at all of Warsh or his conferences or decision making