{"id":22150,"date":"2026-09-12T08:46:06","date_gmt":"2026-09-12T00:46:06","guid":{"rendered":"https:\/\/linkpgm.com\/weekly-top-stories-probability-of-a-fed-rate-hike-nears-90-after-cpi-release-international-oil-prices-return-to-three-digit-levels\/"},"modified":"2026-09-12T08:46:43","modified_gmt":"2026-09-12T00:46:43","slug":"weekly-top-stories-probability-of-a-fed-rate-hike-nears-90-after-cpi-release-international-oil-prices-return-to-three-digit-levels","status":"publish","type":"post","link":"https:\/\/linkpgm.com\/en\/weekly-top-stories-probability-of-a-fed-rate-hike-nears-90-after-cpi-release-international-oil-prices-return-to-three-digit-levels\/","title":{"rendered":"Weekly Top Stories: Probability of a Fed Rate Hike Nears 90% After CPI Release! International Oil Prices Return to Three-Digit Levels"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The U.S. dollar started the week on a weak note but ended on a strong one. In the first half of the week, it briefly approached a two-week low, but in the second half, it rebounded significantly as rising oil prices fueled inflation concerns, U.S. Treasury yields climbed, and expectations for a Fed rate hike intensified.Data released on Friday showed that the U.S. core CPI rose at an accelerated pace in August, leading the market to become almost certain that the Federal Reserve will raise interest rates next week. The U.S. Dollar Index surged briefly before falling back sharply, hovering around 99 as of around 9:00 p.m. <br\/>Gold retreated somewhat after fluctuating throughout the week. Safe-haven demand briefly pushed the price of gold above $4,440, but as the U.S. dollar and Treasury yields strengthened, the price fluctuated lower as the market reassessed the balance between safe-haven demand and holding costs.Following Friday\u2019s CPI data release, spot gold initially dropped but quickly reversed course and accelerated its rise, trading at $4,390 per ounce as of around 9:00 p.m. <br\/>Crude oil was one of the strongest-performing major assets this week, with both Brent and WTI crude breaking back above $100. Escalating tensions in the Middle East, attacks on Saudi energy facilities, and shipping risks in the Strait of Hormuz and the Red Sea have heightened supply concerns, prompting investors to continue chasing energy risk premiums.On Friday, as news of new diplomatic mediation emerged, oil prices fell sharply, and the market once again entered a period of high volatility. The U.S. dollar started the week weak but ended strong. In the first half of the week, it briefly approached a two-week low, but in the second half, as rising oil prices fueled inflation concerns, U.S. Treasury yields climbed, and expectations for a Fed rate hike intensified, the dollar rebounded significantly.Data released on Friday showed that the U.S. core CPI rose at an accelerated pace in August, leading the market to become almost certain that the Federal Reserve would raise interest rates next week. The U.S. Dollar Index surged briefly before falling rapidly; as of around 9:00 p.m., it was hovering near 99. <br\/>Gold retreated somewhat after fluctuating throughout the week. Safe-haven demand briefly pushed gold prices above $4,440, but as the U.S. dollar and Treasury yields strengthened, gold prices fluctuated lower as the market reassessed the balance between safe-haven demand and holding costs.Following Friday\u2019s CPI data release, spot gold initially dipped but quickly reversed course and accelerated its upward movement, trading at $4,390 per ounce as of around 9:00 p.m. <br\/>Crude oil was one of the strongest-performing major assets this week, with both benchmark grades breaking back above $100.Escalating tensions in the Middle East, attacks on Saudi energy facilities, and shipping risks in the Strait of Hormuz and the Red Sea have heightened supply concerns, prompting investors to continue chasing energy risk premiums. On Friday, as news of new diplomatic mediation emerged, oil prices fell sharply, and the market once again entered a period of high volatility.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. dollar started the week on a weak note but ended on a strong one. In the first half of the week, it briefly approached a two-week low, but in the second half, it rebounded significantly as rising oil prices fueled inflation concerns, U.S. Treasury yields climbed, and expectations for a Fed rate hike [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":22145,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[416],"tags":[],"class_list":["post-22150","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-news"],"_links":{"self":[{"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/posts\/22150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/comments?post=22150"}],"version-history":[{"count":1,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/posts\/22150\/revisions"}],"predecessor-version":[{"id":22151,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/posts\/22150\/revisions\/22151"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/media\/22145"}],"wp:attachment":[{"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/media?parent=22150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/categories?post=22150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/tags?post=22150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}