Inflation Stays Stubbornly High in August. Here's How Likely a Fed Rate Hike Is Next Week

Key Points Last week, the odds of a rate hike stood close to 50%. The chances of a rate hike spiked sharply after August inflation data was released. 10 stocks we like better than Citigroup › Something strange is currently happening with interest rates and inflation. The United States Federal Funds Rate -- essentially the price banks charge each other to borrow money overnight -- currently sits at 3.75%. The rate has remained at 3.75% throughout 2026. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia.