Investors Worry Too-Hot Economy Will Put Fed on More Aggressive Rate Path

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Data’s strength convinces many that interest rates will be pushed higher than they initially anticipated

Federal-funds futures show investors see about a 2% chance that the Federal Reserve does what it said it would do at its last meeting. That could have some serious consequences for investors and for the U.S. economy. WSJ’s Dion Rabouin explains. Illustration: Rami Abukalam

The U.S. economy doesn’t look anywhere close to a recession.

Investors are starting to worry that may ultimately be bad news for markets.

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