US CPI responses - Nomura now forecasting a 1% FOMC interest rate hike (100bp)

Greg had the info posted in the wake of the high inflation report from the US on Tuesday:

• Nomura calls for 100 basis points at the September meeting

• Nomura has raised their assessment for the September meeting to a 100 basis point hike as a result of the higher than expected CPI data today.
• They also raised their terminal rate in 2023 to 4.5% – 4.75%.

Federal Open Market Committee (FOMC) meet on September 20 & 21.

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I'm awaiting the leak of the 100bp rise to the Wall Street Journal ... you know what I'm talkin' about, right?