Hike Odds Near 90% — Decision Day Is Wednesday

August core CPI rose 0.3% month over month, above expectations, and the market is now pricing a 25-basis-point hike this week at close to 90% odds. The Fed's rate decision lands at 2:00 a.m. Beijing time on September 17th. Institutional views have started to diverge. Goldman Sachs has shifted from expecting a hold to calling for a hike. JPMorgan is projecting one hike each in September and December. On the political side, Trump has publicly called for the U.S. to have the lowest interest rates in the world; White House economic adviser Hassett said he would accept the Fed's decision but sees no justification for raising rates now. The implications differ by asset class. For high-multiple AI tech stocks, a rising rate environment compresses the room for pure valuation expansion — the market's focus shifts toward order growth, margins and cash flow, which tends to favor companies with more predictable earnings. For non-yielding assets like gold and bitcoin, near-term direction depends more on where real Treasury yields and the dollar go from here. Do you expect a hike this week? Which type of asset looks more attractive to you in this environment? Flexibly allocate across core U.S. tech equities and diversified RWA portfolios on Bitget — achieve efficient cross-asset allocation and precision risk hedging: https://www.bitget.com/promotion/futures-rwa