Episode
Fed Hike Odds Rise Amid Inflation Pressure | Business and Finance News
- Published
- Sep 10, 2026
- Duration seconds
- 126
- Processing state
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- https://sources.thednn.ai/49cc3b43103712a8
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Summary
Traders now see a 70% chance the Fed will hike rates, fueled by stubborn inflation and soaring oil prices—rising to $100 a barrel due to Middle East tensions. The August PPI jumped 0.4%, pushing annual inflation to 5.4%, while job claims stay low, forcing the Fed’s hand. Even the ECB acted, raising rates amid similar global pressures. With CPI data coming Friday—and the Fed watching core PCE more closely—the market expects a December hike near 60%. Inflation isn’t just at the pump—it’s embedded in supply chains, making a rate hike increasingly likely regardless of headline numbers. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/49cc3b43103712a8