Event Brief
Wall Street rises as hot inflation boosts Fed hike odds
By The BriefBrief · Sources (1)
Filed: Sep 13, 2026 at 6:05 PM ET
Summary: Wall Street’s key equity indexes rose on Friday after three days of selling, even as August US inflation came in higher than expected. The odds of a Federal Reserve rate hike this week jumped to nearly certain, while oil benchmarks fell about 2% on Friday and traders braced for prices to rise after weekend Middle East news.
WHO: Wall Street investors; US Federal Reserve
WHAT: US inflation data increased expectations for a Fed rate hike this week, while major equity indexes rose on Friday after a three-day slide.
WHEN: Sep 13, 2026 at 4:59 PM ET
WHERE: USA
WHY: August inflation came in higher than expected, pushing the odds of a Federal Reserve rate hike this week to nearly certain.
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