Fed Holds Rates, September Hike Odds Drop to 68% Amid Weak GDP and PCE Data

Published: Aug 4, 2026 18:51
US Fed’s Hawkish Pause, 68% September Rate-Hike Probability, Nonfarm Payrolls Showdown This Friday》The FOMC left rates unchanged in a 9-3 vote, with Q2 GDP at only 1.5% and PCE turning negative for the first time in six years, pulling the September hike probability down from 98% to 68%.

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US Fed’s Hawkish Pause, 68% September Rate-Hike Probability, Nonfarm P - Shanghai Metals Market (SMM)