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Chance of U.S. Fed rate hike rises to 90% after inflation data, Susan Li notes

Chance of U.S. Fed rate hike rises to 90% after inflation data, Susan Li notes
Traders see 90% chance of U.S. Fed hike

Susan Li reports that traders now assign about a 90% probability to a U.S. Federal Reserve rate hike next week. This marks an increase from roughly 70% before the latest inflation report.

Earlier this year, Susan Li reported that Nvidia agreed to acquire Hugging Face for $12.9 billion. She is also scheduled to speak at the $100 trillion Toronto Investment Summit. These events come as market participants react to shifting expectations for U.S. Federal Reserve policy.

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