WS #13870

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Hawkish Fed comments (Hammack: 'now is the time to act and raise rates') and record short bets on bonds raise stakes for Wednesday's CPI; market pricing ~48% chance of a September hike.

Fed Rate Expectations

Hawkish Fed comments (Hammack: 'now is the time to act and raise rates') and record short bets on bonds raise stakes for Wednesday's CPI; market pricing ~48% chance of a September hike.

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