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Rate-Hike Bets Rise Ahead of the Fed’s Key PCE Inflation Data
Expectations are building that Thursday's U.S. personal consumption expenditures index will show persistent price pressures and solid consumer spending.
Barr Signals Fed Could Hike Again as Inflation Stays Stubborn
Ahead of the Sept. 15-16 meeting, Michael Barr said the Fed could tighten again if price pressures do not slow enough.
Eurozone inflation rises to 3.3%, rate-hike bets grow
Price pressures accelerated in August on higher energy costs, as markets now expect the European Central Bank to act again on Sept. 10.
Fed's Hammack Urges Immediate Action on Rates
Cleveland Fed President Beth Hammack said annualized inflation near 3% justifies further tightening.