“A hotter-than-expected U.S. inflation print would push the Federal Reserve closer to considering its single-largest rate hike in more than two decades.” Steve Matthews and Reade Picket write at Bloomberg…
- ALL ABOUT CPI: “A reading above the projected 7.2% annual advance in prices — which would be the largest since 1982 — may pressure the Fed to consider its first half-percentage-point increase since 2000, instead of a typical quarter-point move.”
- Powell didn’t rule out a 50 basis point hike in March and even though odds are down from 50% on Friday futures “now see a one-in-three chance of a 50-basis-point hike, up from one-in-five before the employment data.”
- EXPERTS: “A 50bps hike is likely to receive serious consideration when Federal Reserve officials meet in March.” Writes Bloomberg economists in a recent note.