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The Dow’s Winning Streak Continues 7/26/23

Halftime Report

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The Fed Expects to Resume Rate Hikes After a One Meeting Pause

The Fed expected to resume rate hikes after a one meeting pause, bringing the overnight rate up to 538 highest in 22 years. The market trading with a 97% probability that they will hike 19% chance of a high-cons September and 41% that they get back to hiking again in November. Are there a few doves on the committee who don't want to be hiking now? What are the things we're going to be listening for?

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