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BreakingCentral Banks

Markets Price in October Fed Hike as Inflation Hits 4-Year High

First Detected: Sep 23, 2026, 5:02 PM
Last Update: 19 minutes ago
12 articles·2 stories

Event Summary

Market expectations for an October Federal Reserve rate hike climbed above 70% as inflation reached a four-year high. Comments from Governor Michael Barr and robust flash PMI data further solidified these expectations, driving US 2-year and 10-year Treasury yields to fresh multi-year highs. Consequently, the EUR/USD pair came under pressure, approaching a key structural decision zone between 1.1323 and 1.1353.

Timeline

US Business Activity Index Rises to 58.4 as 10-Year Treasury Yield Hits 5.11%
Sep 24, 2026, 3:34 AMImpact: 7
Markets Price in October Fed Hike as Inflation Hits 4-Year High
Sep 23, 2026, 5:02 PMImpact: 5

Price Impact

Since event start
EURUSD+0.01%