FBN: ‘45% Odds Now of an October Rate Hike … This Is the Biggest Inflation Jump Since May’

EXCERPT:

RIGGS: “Well, 45% odds of an October rate hike. Now that obviously is a number that changes all the time.”
BRENBERG: “No. 45% in October?
UNKNOWN MALE: “Up from a 21% chance.”
BRENBERG: “They’re going to hike the month before the midterms?”
MCDOWELL: “I said it was 22.
UNKNOWN MALE: “22.”
MCDOWELL: “22 —“ [crosstalk]
UNKNOWN MALE: “Yeah, 22 percent.”
BRENBERG: “I — I do not — I do not see that.”
RIGGS: “ I know you don’t like headline, but this is now the biggest jump since May, it is outpacing workers’ wages.”