Core CPI Hikes Ahead of FOMC Meeting
US consumer prices rose more than anticipated last month, increasing the likelihood that Federal Reserve officials will raise interest rates at their upcoming meeting. The core CPI data, coupled with recent employment figures, has shifted the debate within the Fed, with many now expecting a rate hike as the market has priced in a 90% probability.
The Federal Reserve's decision on interest rates will significantly impact market dynamics, with a failure to hike potentially leading to new highs in Treasury yields and increased market volatility.
The episode also covers the oil market's movement, a launch of perpetual trading for gold and silver futures on Kalshi, and a preview of the 2026 NFL season.
RELATED COVERAGE
FULL STORY: 2 VIDEOS →