On September 3, market participants reduced bets on a Federal Reserve rate hike after Fed Governor Christopher Waller noted signs of inflation improvement. According to the CME FedWatch Tool, the probability of a September rate hike now stands at 60.4%, with the next FOMC meeting scheduled for September 26.
On September 3, market participants cut bets on a Federal Reserve interest rate hike, after Fed Governor Christopher Waller said inflation has shown signs of improvement. According to the CME FedWatch Tool, the probability of a September rate hike now stands at 60.4%. The next FOMC meeting is scheduled for September 26.
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