September Fed rate hike fears look overblown as the probability stands at just 58%, not 90%
Odds of a rate hike in September remain below 60% despite Warsh's hawkish speech on Friday. Observers downplay fears of tightening.
Source: CoinDesk
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DW NOTE
The Fed held steady at 3.65% through July and said this week it will raise if inflation doesn't fall fast enough. A 58% probability of a September hike isn't overblown — it's what happens when the central bank says it might tighten and the forward curve believes it.