Fed Hawkish Tone Intensifies, September Rate Hike Probability Rises to 66.9%

Published: Sep 2, 2026 11:45

Save

The US Fed gained another hawkish voice, with the probability of a September rate hike rising to 66.9%. Governor Barr said he would support a rate hike if inflation fails to ease further. Combined with Warsh's earlier hawkish signals, the market is now focused on the August CPI due on September 11—the most critical data ahead of the September 15-16 FOMC meeting. Barclays now expects the US Fed to hike rates once each in September and December.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

12 mins ago

Indonesian MHP Nickel and Cobalt FOB Prices Drop, High-Grade Nickel Matte Down $101/mt Ni

According to SMM data, on September 2, the FOB price of Indonesian MHP nickel fell by $97/mt Ni from the previous day, and the FOB price of Indonesian MHP cobalt fell by $123/mt Co. The FOB price of Indonesian high-grade nickel matte fell by $101/mt Ni.

12 mins ago

13 mins ago

[SMM Nickel Intermediate Product Daily Review] MHP and high-grade nickel matte nickel prices fell on September 2

As of now, the FOB price of Indonesian MHP nickel is $14,870/mt Ni, and the FOB price of Indonesian MHP cobalt is $35,051/mt Co. The MHP payables (against the SMM battery-grade nickel sulphate index) stand at 83-84, and the payable indicator for the cobalt element in MHP (against SMM refined cobalt, Rotterdam warehouse) is 70. The FOB price of Indonesian high-grade nickel matte is $15,498/mt Ni.

13 mins ago

15 mins ago

SMM Data: Battery-Grade Nickel Sulphate Price Drops by 150 Yuan/mt on September 2

According to SMM data, on September 2, the SMM average price of battery-grade nickel sulphate fell by 150 yuan/mt from the previous day.

15 mins ago