Sep 11, 2026, 9:18 PM1 views

Hot inflation, $100 oil: Why a Fed rate hike next week now looks almost certain

The likelihood of a US Federal Reserve rate hike rises to 90% following August inflation data showing elevated prices. Oil prices exceeding $100 a barrel and higher tariffs contribute to ongoing inflation, complicating economic…

The likelihood of a US Federal Reserve rate hike rises to 90% following August inflation data showing elevated prices. Oil prices exceeding $100 a barrel and higher tariffs contribute to ongoing inflation, complicating economic predictions amid calls for lower interest rates from President Trump.

Even before the twin inflation reports, surging crude oil prices and higher bond yields this week had strengthened expectations of a Fed rate hike. (AI-generated image for representational purposes only)

Mint Verified Source

Reported by A Ksheerasagar · Syndicated via official news feed

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