Latest / The Federal Reserve Podcast with Fexingo: Interest Rates, FOMC Meetings, and Monetary Policy
Why the Fed Might Hike Rates Next Week
With markets down sharply this week and wholesale prices ticking up, the Federal Reserve faces a rare dilemma. Lucas and Luna break down why the probability of an interest rate hike next month has surged, despite cooling inflation headlines. They examine the specific mechanics of the September FOMC decision, focusing on the sticky core PCE data and the unexpected trade tensions with Canada that are complicating the path to lower rates.
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The skinny
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