Core Inflation Rose More Than Expected In August. Odds Of a Fed Rate Hike Are All But Certain.

Source: International Business Times

Odds of a Fed rate hike are now above 90%. Getty Images Odds of a rate hike by the Federal Reserve jumped on Friday after core inflation rose more than expected last month. Chances are all but certain now, with the CME Group's FedWatch tool showing they now stand at 91.

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