CoinWorld News, investors are increasingly concerned that the Fed's next policy decision could be a 25-basis-point rate hike, possibly as early as this month, but Phil Orlando, chief market strategist at federated hermes, said such a scenario is unlikely. He pointed out that the Fed is expected to ignore what should be a temporary energy supply shock and keep interest rates unchanged. Last week's disappointing US labor market data prompted the market to push back expectations of a final rate hike to later this year. Data from the London Stock Exchange Group showed that money markets are pricing in a 22% probability of a 25-basis-point rate hike in July.

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GasFeesWithAPomeloFlavor
· 3h ago
Wait and see by the end of the month. Market pricing and the Fed’s actual moves are often two different things—there’s a 22% chance it really happens, and that wouldn’t be surprising.
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KiteAndBlock
· 8h ago
The 22% probability of a rate hike looks daunting, but the Fed is now more afraid of messing up a soft landing. There's really no need to overreact to the energy shock.
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