Fed set to hike rates as Warsh faces tough vote
📡 CNBC Top News · 1 min read ·
Part of composite article Fed Set to Hike Rates to 3.75% as Warsh Faces Trump Showdown and 92% Market Certainty View full article →
Traders see a 92% chance the Federal Reserve will raise interest rates. They also see a more than 75% chance of another increase in December.
The decision is not expected to be easy. Warsh faces a tough battle as the Fed prepares for the widely expected hike.