#fedratewatch
One-Off or Start of a Longer Hiking Cycle?Most likely the start of a modest further tightening path rather than a pure one-off. Markets already price a non-trivial chance of another hike later in 2026 (possibly December). Persistent core services inflation and still-above-target readings mean the Fed may need to lean hawkish to re-anchor expectations, even if growth remains moderate.
$AKE
$CROSS
$SYN
One-Off or Start of a Longer Hiking Cycle?Most likely the start of a modest further tightening path rather than a pure one-off. Markets already price a non-trivial chance of another hike later in 2026 (possibly December). Persistent core services inflation and still-above-target readings mean the Fed may need to lean hawkish to re-anchor expectations, even if growth remains moderate.
$AKE
$CROSS
$SYN
