A Fed Rate Hike Depends on Hot Inflation. Don’t Count on Either.

Many economists and investors expect the Federal Reserve to raise interest rates by a quarter of a percentage point at its Sept. 16-17 policy meeting. But this coming week’s inflation data may prove cool enough to keep officials on the sidelines—and the federal-funds rate in a target range of 3.50% to 3.75%. Copyright ©2026 Dow Jones & Company, Inc.

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