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Wall Street weighs September rate hike as energy risks rise

An economist warned markets should watch for a September move as renewed war-related energy price pressures could lift inflation expectations.

Reported · Written up by our desk · Inflation

MarketWatch reports that some investors are shifting attention toward the possibility of a September rate hike, despite commentary that the Fed could be on hold.

One economist cited the risk that war-related conditions could push energy prices higher again, which would keep inflation pressures in focus.

The outlet said markets should remain alert to the prospect of a rate hike in September, linking the timing to the energy-driven inflation scenario.

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