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Fed Rate Hike Fears Climb📈Market Turmoil Ahead?🔥

Rate hike odds for the September 16 FOMC meeting hit 66% on CME FedWatch, up from around 30% before Jackson Hole. Warsh called the inflation numbers concerning, citing PCE at 3.7% over twelve months and 4.1% over six, both well above the 2% target, and said price control is the priority. Barclays now expects two hikes this year totaling 50 basis points.

~This episode is sponsored by Uphold~

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00:00 Intro

00:10 Sponsor: Uphold

00:45 Odds surge

01:50 S&P falling, crypto holding?

03:20 Oil / gas prices

04:15 Bottom line

05:15 CNBC: We’re not close to…

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