The Fed’s interest rate decision this Wednesday is coming up, and the probability the market is pricing in a 25-basis-point hike has already surged to 85%. August CPI year-over-year came in at 3.4%—it looks in line with expectations, but core inflation is still at 2.4%, leaving a gap versus the Fed’s 2% target. What’s more, Saudi Arabia suddenly shut a key pipeline that bypasses the Strait of Hormuz, and Brent crude jumped straight above $107—signs of inflation pressure may be set to bounce back. $SOL $AVAX $LINK Even though stocks have been falling pretty hard last week, before a hike is fully implemented we likely still have to see a period of choppy trading. But there’s one detail worth noting: after the last few rate hikes were actually carried out, the market instead rallied for a stretch. Could this time be another “bad news is already priced in” scenario? What do you think?