Published Sep 12, 2026, 5:33 PM ET · Updated 2 months ago · 1 source
Increased probability of Fed rate hike due to higher CPI
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Original Report
Pressure is mounting on Fed Chair Kevin Warsh to raise interest rates next week, with traders now assigning a 90% probability to a rate hike at the upcoming Fed meeting, up from 70% just days prior, following a CPI report indicating higher US consumer prices.