August CPI Puts Fed Policy in Focus as Hike Odds Reach 90%

U.S. stock futures are drifting higher as market attention shifts toward Federal Reserve policy. The focus remains on the August CPI data, which has significantly influenced expectations for upcoming monetary decisions. Current market indicators suggest that the odds of a Fed rate hike have reached 90%. Investors are closely monitoring these economic signals to determine the trajectory of interest rates and the overall impact on financial markets in the coming period.