Dollar U.S. short-term interest rate futures fell; after the release of inflation data, traders weighed the possibility of another rate hike in prices. Traders increased their bets on three more Fed rate hikes by the end of 2027. Traders have increased the probability that the Federal Reserve will raise interest rates in October.

Dollar U.S. short-term interest rate futures fell; after the release of inflation data, traders weighed the possibility of another rate hike in prices. Traders increased their bets on three more Fed rate hikes by the end of 2027. Traders have increased the probability that the Federal Reserve will raise interest rates in October.