The Fedwatch tool reacted negatively to the core CPI report.
The fedwatch tool's probability (hike) had spiked to 87% due to the CPI news.Sunday, September 13, 2026
What will the US Fed do for its September FOMC meeting? - Part 2
The die is cast in stone now! We've also projected a Fed's hike in our prevous post.
The core CPI (m-o-m) at 0.3% was the last straw that broke the camel's back because it showed that the US inflation was starting to rear its head again.
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