Friday, 08/09/2023 | 23:14 GMT+5.5
It appears highly unlikely that the Federal Reserve will raise interest rates in September, as the market currently assigns only a 7% probability to such a move, and there has been no significant opposition to this expectation leading up to the September 20th meeting.
However, it’s worth noting that two crucial economic data releases are scheduled for next week. In the event of two unexpected positive surprises in these data points, it could potentially prompt the Fed to reconsider its stance. If such a scenario were to unfold, they would likely seek insights from experts like Nick Timiraos at the Wall Street Journal or other seasoned Fed watchers.