Fed Hike Odds Rise Amid Inflation Pressure | Business and Finance News

episode

Business News Today | 2 Min News | The Daily News Now! not yet transcribed

▲ 0

Transcript

This episode hasn't been transcribed yet Upvotes decide what gets transcribed next — 0 so far. Sign in to upvote

More from Business News Today | 2 Min News | The Daily News Now!

Japanese Capsule Hotels: Budget Solution for London Hybrid Workers 1 min · 20 Dec 2025

Russia's War Economy: Sustainable or Unsustainable? 2 min · 20 Dec 2025

All episodes from Business News Today | 2 Min News | The Daily News Now! →

Report any issue

Source

Recorded10 Sep 2026

Publisherfeeds.acast.com ↗

Handlerec:20331045

Show notes

Traders now see a 70% chance the Fed will hike rates, fueled by stubborn inflation and soaring oil prices—rising to $100 a barrel due to Middle East tensions. The August PPI jumped 0.4%, pushing annual inflation to 5.4%, while job claims stay low, forcing the Fed’s hand. Even the ECB acted, raising rates amid similar global pressures. With CPI data coming Friday—and the Fed watching core PCE more closely—the market expects a December hike near 60%. Inflation isn’t just at the pump—it’s embedded in supply chains, making a rate hike increasingly likely regardless of headline numbers. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/49cc3b43103712a8

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.