Fed Eyes Rate Hike Amid Inflation Pressure | Business and Finance News

Wall Street’s betting big: the Fed’s nearly 90% likely to hike rates by a quarter-point, pushing the target to 3.75%-4%, reversing months of cautious optimism. Rising oil prices, stubborn inflation, and a strong job market have shifted the narrative — economists now predict two hikes this year, possibly as soon as this week. With yields on the 10-year Treasury hitting a seven-year high, investors brace for action as the Fed weighs credibility against economic headwinds. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Sources:https://www.cnbc.com/2026/09/16/fed-meeting-today-live-updates.html More coverage & latest updates:https://sources.thednn.ai/59e5156cec1d2634 Report issues to [email protected].