Fed rate hike bets exceed 85% for this week as Waller faces a voting dilemma

TechFlow reports that on September 14, according to Jin10, Trump once again publicly urged the Federal Reserve on Sunday to maintain its low-interest-rate policy. However, as August inflation data unexpectedly exceeded market expectations, current betting odds on the Federal Reserve initiating a rate hike this week have climbed to over 85%.

Facing the dual squeeze of calls for rate cuts and pressures for rate hikes, Federal Reserve Governor Waller is confronting a severe decision-making challenge. The simultaneous impact of these two opposing policy forces places him in a no-win scenario regarding his vote on this week's interest rate decision, leaving him unable to adequately address both sides.