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At close · Fri, Aug 7, 2026
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Home›Global Markets›Trade & Tariffs›Inflation and Strait of Hormuz risks shape rate-hike b…

Inflation and Strait of Hormuz risks shape rate-hike bets

September rate-hike odds have cooled, but markets are watching for fresh inflation data or renewed disruption in the Strait of Hormuz.

Reported · Written up by our desk · Trade & Tariffs

CNBC World says investors are treating both Washington and Tehran as relatively restrained, but markets remain sensitive to the next data and geopolitical developments.

According to the outlet, September rate-hike expectations have been pushed lower, after declines in the probability of an additional move by central banks.

The briefing warns that a new, hotter inflation reading could revive rate-hike expectations, while renewed disruption in the Strait of Hormuz could also shift market thinking.

It frames the near-term setup as a balance between economic data momentum and energy and supply-chain risks tied to the Strait of Hormuz.

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Sources

CNBC WorldCNBC Daily Open: Washington and Tehran both play it cool , but markets can't

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