18d ago

Hot US inflation pushes Fed toward rate hike Trump opposes

Federal Reserve Donald Trump August 2026 United States

Elevated US consumer prices and a stronger-than-expected jobs report in August 2026 increased trader bets on a Federal Reserve rate hike at the next week's meeting, a move that President Trump has publicly opposed.

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US inflation stayed hot in August, boosting odds of a rate hike

rss:semaforus_mainstream18d ago kagi ↗

Elevated consumer prices, along with a stronger-than-expected jobs report this month, has traders of the Fed funds future rate betting on a rate hike next week.

Hot US Inflation Pushes Fed Toward Rate Hike That Trump Opposes

rss:bloomberg-politicsus_mainstream18d ago kagi ↗

Odds of a rate increase at next week’s meeting have shot up.