Scoop News reporting summary

The text below was supplied by the Scoop Newsroom app. Third-party reporting is attributed in the source panel.

The probability of a rate hike at Wednesday's meeting has been rising, according to the CME Group's FedWatch, which uses 30-day Fed funds futures prices to predict rate cut decisions.

Breaking news moves fast. Follow @Will466513 on X for breaking news alerts. Follow on X →