Crypto news: In a report, Anthony Willis, a senior economist at Tuanli Investment, said that because US inflation remains significantly higher than its target and the economy and labor market are still resilient, the pressure on Federal Reserve policymakers to tighten policy has increased. Willis said: “However, before the inflation impact becomes more clearly apparent, policymakers may be willing to temporarily ignore the effects of the recent surge in oil prices.” Even so, the broader direction is obvious: under the leadership of Worsh, the Federal Reserve is taking a more hawkish stance. The market currently expects a 38% probability that the Fed will raise rates on Wednesday, and has already fully priced in the possibility of a rate hike in September.