Traders now see next Fed interest rate move as a hike following inflation surge

The fed funds futures market is pricing in an increase as soon as December.

# Traders now see next Fed interest rate move as a hike following inflation surge The fed funds futures market is pricing in an increase as soon as December. **Read the full article:** [CNBC](https://www.cnbc.com/2026/05/15/traders-now-see-next-fed-interest-rate-move-as-a-hike-following-inflation-surge.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*