September rate hike odds jump to 87%
Interest-rate futures place September hike odds at 87%, up from 72% the prior day, with year-end odds at 97%.
Find public news by keyword, exact ticker, category and date.
Open a ticker page for its news coverage. The news search below stays a text search.
5 results loaded, newest first. End of these results. The latest changes are still being indexed. Try again shortly for updated results.
Interest-rate futures place September hike odds at 87%, up from 72% the prior day, with year-end odds at 97%.
August consumer price index data is due Friday at 8:30 a.m. ET, with core CPI expected to rise 0.2% in August and headline CPI about 0.4%. The report is seen as key to whether the Federal Reserve raises rates next week.
The S&P 500 tops 7,800 for the first time after a flat July producer-price print and softer core PPI, while semiconductors and SanDisk’s 15% surge drive gains.
Bitcoin, Ethereum, XRP, Solana and Dogecoin trade lower as July CPI matches expectations, core inflation eases to 2.5%, and September hike odds fall to 40% from 48%.
The S&P 500 cleared 7,755 and Wall Street is on course for its best week since April. The rally comes on the heels of a contraction in July payrolls. The U.S. economy unexpectedly shed 23,000 jobs in July against forecasts of an 80,000 gain, while May and June payrolls were revised down by a combined 103,000. Average h