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Cleveland Fed President Hints at Rate Hikes to Combat Inflation; Markets Price in 65% Probability for September

2026-07-19 09:00:58

According to Jin10, Cleveland Federal Reserve President Lael Harmakaon July 19 suggested the Fed may need to raise interest rates to address persistent inflation. Futures traders currently estimate the probability of a rate increase in July at 15%, while the probability for September stands at 65%.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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