Fed hike odds jump to 82% as oil spikes to $100 a barrel
CME’s FedWatch tool shows an 82% chance the Fed will raise rates at its September meeting, up from under 53% a week ago. The surge follows Brent crude breaching $100 and gasoline hitting $4 per gallon, reviving inflation fears. Investors are now pricing in a hike despite still‑expected steady rates in the next meeting.