More than six days remain until the next Fed meeting; data shows a 66.9% probability of the Fed holding rates steady this month, while the chance of a 25-basis-point hike has risen from over 20% to 33.1%, indicating that U.S. inflation and unemployment remain concerning. If tensions between the U.S. and Iran continue, consumer prices and inflation are likely to keep rising, making it probable that the Fed will only hike rates this year—no cuts are expected. https://t.co/XDIdlymHuT
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