Markets were close to fully pricing in expectations of at least one Federal Reserve rate hike before September.
According to Jin10, market pricing also fully reflected expectations for two rate hikes by the end of March next year.
The report added that U.S. President Donald Trump previously announced on social media that the United States would restart a blockade of Iran and planned to impose a 20% fee on any goods passing through the Strait of Hormuz.
Markets Price In At Least One Fed Rate Hike Before September
2026-07-13 14:55:54
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