Asia-Pacific Markets Set to Drop Following Wall Street Plunge on Hot Inflation Report
Traders are now split between a 75 basis point or 100 basis point Fed hike
Some traders are now expecting a full point rate hike from the U.S. Federal Reserve at its September meeting,The probability of a 100-basis-point rose to 33% from 0%, and the chance for a three-quarter point hike fell to 67% from 91% a day earlier.Also on CNBC
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