After the release of U.S. consumer price index data for August, markets moved to price in a much higher probability that the Federal Reserve will raise interest rates at next week’s meeting. According to BlockBeats, the implied chance of a hike rose to about 90% as of Sept. 11. The source item did not provide additional detail on the CPI reading itself, the size of the expected move, or any reaction across crypto or broader financial markets. The update was limited to a shift in rate expectations following the inflation data release, underscoring how closely macroeconomic indicators continue to shape policy bets.
According to BlockBeats on Sept. 11, markets were pricing in about a 90% chance that the Federal Reserve will raise interest rates next week after the release of U.S. August CPI data.
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