A September Fed rate hike is increasingly likely, with market-implied odds rising above 85% after stronger-than-expected core inflation data. Inflation risks remain elevated, driven by persistent price pressures, higher oil prices, strong economic growth and rising consumer inflation expectations. Further rate hikes may follow, while tighter monetary policy could also intensify political tensions between the […]The post Fed Is Moving Closer to a September Rate Hike appeared first on ActionForex.