99.8% Chance the Fed Does THIS on Wednesday

Last week’s CPI data shows a steady 2.4% year-over-year increase, indicating stable inflation near the Fed’s target.

With this in mind, markets widely expect the Federal Reserve to hold interest rates steady at their upcoming meeting—there’s a 99.8% chance of no rate change this week.

This stability supports continued economic growth and provides clarity for consumers and businesses. The Fed will keep a close eye on future data to guide its next move.

Bond markets are likely to continue weakness while risk markets enjoy the alleged "success" the economy is experiencing.

Per CME Fedwatch: