More Fed Officials Are Signaling Support For a New Hike Before The End Of The Year. Here's Where Chances Stand.

Source: International Business Times

The chance of a rate hike before the end of the year now stands above 68% after several officials signaled their willingness to support one. Getty Images The chance of a Federal Reserve rate hike before the end of the year now stands above 68% after several officials signaled their willingness to support one as inflationary concerns continue to mount. The CME Group's FedWatch tool shows a significant increase compared to last week, when the figure clocked in at 55.