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MacroBearish 38

Is the Fed About to Hike Rates?

  • The debate had been about the pace of cuts — now a hike is suddenly on the table.
  • A new round of tariffs is stoking fresh inflation-reacceleration worries.
  • Uncertainty is building ahead of next week's rate decision.

The heavier signal isn't the hike odds — it's that trade policy can once again jerk around monetary policy.

Published Jul 24Source: WSJ