Houthi Victory Raises Risks; Hotter CPI Pushes Fed Rate-Hike Odds To 88%
88% Probability Of A Rate Hike Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (NYSE:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The
Prices are going up faster than expected, so the Federal Reserve is very likely to raise interest rates soon. When rates go up, borrowing money costs more, which can slow down business growth and stock prices.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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