Live Updates > Live Update Details
2026-09-17 23:30:10
[US Economist: Fed May Begin New Rate Hike Cycle, Required Increase May Exceed Official Estimates] KPMG's Chief US Economist, Swank, believes this rate hike will not be a "one-off" event, and the actual required increase may exceed official estimates. She also emphasized that high inflation in the US has persisted for five years, and the longer high inflation lasts, the more difficult it is to manage. Therefore, it is necessary to start addressing the issue now, and more measures are needed to truly curb inflation. The latest market forecast from the CME Group's FedWatch Tool shows a greater than 57% probability of a 25 basis point rate hike by the Fed in October; and a 43% probability of a further 25 basis point rate hike in December, raising the federal funds rate to 4.25% to 4.5%. (CCTV Finance)
