Fed Rate Hike Odds Rise as Inflation Surges. What It Means for You Futures markets now peg a 49% chance of a Fed rate hike by December — and what that could mean for your mortgage, credit card, and savings rates may surprise you. Original Source: https://www.moneytalksnews.com/fed-rate-hike-odds-rise-as-inflation-surges-what-it-means-for-you/