Traders Keep Bets on a Fed Hike in 2026 After CPI Data

Bond traders maintained bets that the Federal Reserve will raise interest rates by the end of the year, even after a soft US core inflation reading eased pressure on Chairman Kevin Warsh to act sooner.

Sree Kochugovindan, Senior Research Economist at Aberdeen, discusses the path forward for the Fed, as well as what's in store for other central banks. (Source: Bloomberg)