FED Rate Hike Odds Climb Ahead of FOMC Meeting in September

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The post FED Rate Hike Odds Climb Ahead of FOMC Meeting in September appeared first on Coinpedia Fintech News

The Federal Reserve will announce its next interest-rate decision at its September 15-16 meeting, with markets increasingly focused on the possibility of a rate hike. After Fed chair Kevin Warsh’s speech at Jackson Hole, The chance of a September rate hike rose from about 33% to 66%, according to market pricing. It was later around …