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 91.6% compared to Thursday's 72.4%.
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 91.6% compared to Thursday's 72.4%.