A hike by the Fed is expected to occur soon. This development comes after new inflation data was released. The likelihood of this hike happening next week appears to be high.
Further information about the upcoming Fed hike and its implications can be found through CNBC. Details about what to expect are available from this source.
The latest inflation data has led to a sense of certainty about the Fed's next move, with a hike now seeming almost inevitable. For more on this topic, including what's ahead, CNBC provides additional information.
The Federal Reserve appears increasingly likely to hike interest rates next week, as inflation remains stubbornly elevated amid the war with Iran. New data out Friday showed annual inflation remained unchanged in August, still well above the central bank’s target 2 percent rate. ...
