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September Fed decision is a coin flip as rate hike odds rise

CNBC Finance said odds for a September rate hike increased after a Jackson Hole speech by Fed official Warsh highlighted continued frustration with the inflation trend.

Reported · Written up by our desk · Central Banks

CNBC Finance reports that expectations for the Fed's September decision are increasingly close to a coin flip, with the odds of a rate hike rising.

The shift followed remarks by Fed official Warsh at Jackson Hole, Wyoming, where he discussed being frustrated with the overall inflation trend.

According to CNBC Finance, Warsh's comments helped move market expectations toward a higher probability of tightening in September.

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Sources

CNBC FinanceSeptember Fed decision is now a coin flip as rate hike odds increase post Warsh
CNBC FinanceSeptember Fed decision is now a coin flip as rate hike odds increase post Warsh

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