BUSINESSQUARTZ
Odds of a September Fed rate hike surged to 82% as oil topped $100 a barrel
Markets are pricing in an 82% chance of a Federal Reserve rate hike at its September meeting following Brent crude oil reaching $100 a barrel and jobless claims hitting their lowest level since 1969.
Related Signal
Adjacent reporting
- Oil at $95, rate hike odds at 69% for September, and Alphabet reports tonight
- Odds of Federal Reserve rate hike surge as oil prices rip higher
- September rate hike odds jumped to 82%. Brent hit $100. The Dow lost 458 points
- Bank of America now expects three Fed rate hikes this year. A month ago it expected zero.
- Oil at a 7-week high. Two big earnings misses. Rate hike odds are climbing