Traders now see Fed raising rates by September
Futures-options traders work on the floor at the New York Stock Exchange's NYSE American (AMEX) in New York City, U.S. June 1, 2026. REUTERS/Brendan McDermid
June 17 (Reuters) - Short-term U.S. interest-rate futures are now pricing in a bigger chance that the Federal Reserve will deliver a rate hike by September than opt to keep rates where they are.
The shift in market-based rate-path expectations comes after the Fed said it would leave the policy rate in its current 3.50%-3.75% range at this time, but a near-majority of policymakers penciled a rate hike by the end of 2026 to combat higher inflation.
(Reporting by Ann Saphir; Editing by Nia Williams)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Japan may see more yen intervention, faster BOJ rate hikes, ex-top FX diplomat says
- Trump administration to impose tariffs on drone imports, White House says
- Musk discloses 48.4% stake in SpaceX in regulatory filing
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share