Traders Anticipate Federal Reserve Rate Hike Amid Inflation Surge
Market expectations for a potential interest rate hike by the Federal Reserve have increased following stronger-than-expected inflation data. CME Fed funds futures indicate rising probabilities of hikes in late 2026 and early 2027, with annual consumer prices up 3.8% through April.
Tickers: $CME
Topics: consumer prices fed rate hike inflation producer price index