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)
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