As Wall Street shifts expectations towards a Fed rate hike, the White House turns up the pressure on Warsh’s central bank | Fortune0

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• September 7, 2026

Surprisingly healthy employment data has tipped expectations for a rate hike at the Federal Open Market Committee’s (FOMC) meeting higher this week, with interest rate traders now placing the likelihood at 58.4%. According to CME’s FedWatch, nearly 60% of investors are betting on a 25bps hike to 3.75% to 4%, with the remainder of bettors