CNBC(@CNBC):A swell of unfriendly factors for inflation likely will push the Federal Reserve to an interest rate hike next week and there’s possibly another before the end of the year, judging by market pricing Thursday. Traders pushed chances for a rate increase to 70% in morning action, following a report showing increasing wholesale prices in August and a coincidental jump in U.S. crude oil prices past $100 a barrel, according to the CME Group’s FedWatch gauge. Read more:

2026.09.10 17:44

A swell of unfriendly factors for inflation likely will push the Federal Reserve to an interest rate hike next week and there’s possibly another before the end of the year, judging by market pricing Thursday. Traders pushed chances for a rate increase to 70% in morning action, following a report showing increasing wholesale prices in August and a coincidental jump in U.S. crude oil prices past $100 a barrel, according to the CME Group’s FedWatch gauge. Read more: