Fed rate hike deadlinesThe Consumer Price Index (CPI) preview suggests that upcoming data will align with market expectations, implying that the Federal Reserve may not increase interest rates. The current market pricing appears consistent with expectations that the Fed may hold rates steady, as indicated by a significant reduction in the likelihood of a rate hike by September 2026. AdvertisementKey TakeawaysThe CPI preview suggests data will be in line, which may indicate a decreased likelihood of a rate hike. What to WatchKey indicators to monitor include the official CPI release and any statements from Federal Reserve officials, particularly Chair Jerome Powell. Conversely, any unexpected rise in inflation or hawkish commentary from Fed officials could shift market expectations toward a rate hike.