The Fed's Preferred Inflation Gauge Rose In July. Expectations Of a Rate Hike Edged Up.
- Posted on August 26, 2026
- By International Business Times
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- 1 min read
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The Fed's Preferred Inflation Gauge Rose In July. Expectations Of a Rate Hike Edged Up.
Expectations of a rate hike now stand above 40%, compared to 39.6% on Tuesday and 33.1% last week, according to the CME Group's Fed Watch tool.