A rate hike by the Fed is anticipated this week. This expectation follows the release of inflation data that has been described as hot.

Further information on this development is available from qz.com. The source indicates that a Fed rate hike is expected to occur soon, specifically this week.

Details of the rate hike and the surrounding circumstances can be found on the qz.com website, which provides more insight into the situation and the factors that have led to this expectation.