Fedwatch Turns Hawkish With 57% Odds of September Rate Increase

September suddenly looks far less comfortable for rate-cut bulls, with the CME Fedwatch tool now pricing a quarter-point Federal Reserve hike at 57% at the upcoming Federal Open Market Committee (FOMC) meeting, after Chairman Kevin Warsh delivered a Jackson Hole speech that markets took as distinctly hawkish. The real action is now centered on the […]

Source: https://news.bitcoin.com/finance/fedwatch-turns-hawkish-with-57-odds-of-september-rate-increase/