Markets see just a one-in-three chance the federal reserve hikes, but chris turner of ING said to expect the FOMC to sound prepared to do so

Fed rate hike deadlinesMarkets currently estimate a one-in-three likelihood that the Federal Reserve will implement a rate hike during its July 28–29 meeting. AdvertisementRecent market data shows varied expectations for future meetings. Key TakeawaysMarket pricing suggests a 30% chance of a July Fed rate hike, consistent with a cautious stance. The FOMC’s language is expected to indicate readiness for a potential future hike, aligning with a strategic approach. The Fed’s communication strategy and economic assessments during this period may provide further clarity on the likelihood of future rate adjustments.