rate hike

Inflation spikes to 3.8% consumer, 6% producer; markets price >50% Fed rate hike odds. Kevin Warsh confirmed as Fed Chair; Ford surges 13.2% on $10B energy division target.

BOJ policy shift threatens yen carry trade unwinding and U.S. Treasury repatriation, creating hidden shock risk for S&P 500 valuations and financial conditions.

Futures markets price rate hike odds above 50% for first time since 2023, as oil prices surge and inflation accelerates despite economic slowdown concerns.