Traders split on September Fed hike odds ahead of July CPI release

Ahead of the July CPI release scheduled for 20:30 on August 12, traders are pricing September Fed rate hike odds ranging from roughly 30% to 50%, with the consensus core month-over-month increase of 0.2% sitting at the threshold for a hike. FOMC tracker data shows the market pricing a 38% probability of a 25bps hike in September versus 60% hold.

Detected & updated continuously · Source: Nebula

Story subjects

Federal ReserveConsumer Price Index

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