🔰 DAILY QUICK MARKET UPDATES 🔰
⚠️️ #USD ⚠️️
⛔ US CPI Comes in Hotter than Expected! Is a 75bps Rate Hike Locked in? This has been the Fed’s biggest worry: that inflation would become “entrenched” in the economy.
⛔ As a result of the data, not only does are the markets pricing in an 84% chance of a 75bps rate hike next week, but according to the CME’s FedWatch Tool, markets are also pricing in a 16% chance of a 100bps hike!
⚠️️ #USD ⚠️️
⛔ US CPI Comes in Hotter than Expected! Is a 75bps Rate Hike Locked in? This has been the Fed’s biggest worry: that inflation would become “entrenched” in the economy.
⛔ As a result of the data, not only does are the markets pricing in an 84% chance of a 75bps rate hike next week, but according to the CME’s FedWatch Tool, markets are also pricing in a 16% chance of a 100bps hike!