25 BASIS POINT HIKE BY FED TOMORROW?
With the latest release of producer price index data (PPI) the data shown was much worse and likely indicate a persistent higher inflation into year 2022.
Right now with hyperinflation a likely case if prices can't be control, is there a possibility for Jerome Powell to increase interest rates by 25 basis points tomorrow?
Apparently there's a 5.5% chance of this happening, not a big possibility, but there's a chance....
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Durian CrustOP : With Bank of England set for a rate hike tomorrow at a probability of 47.5%, what the Fed does today will have a chain effect on global central banks.