Didn't expect so many friends to be interested in this! I don’t think rate hikes are happening because from December last year to March this year, even during Powell’s term, the issue of rate hikes wasn’t seriously considered. Although the U.S. and Iran were already at war in March, the Fed still believed the conflict was short-term, so rate hikes weren’t a priority, not even a necessary option. The current buzz about rate hikes, even from some Fed officials—though I don’t think Cook counts, since he’s just trying to annoy Trump—seems mostly influenced by rising oil prices. But when it comes to voting, there aren’t many supporters. For example, at last month’s July meeting, oil prices were pretty high, but only three voting members supported a rate hike. Now, just over a week later, oil prices have dropped, and there’s even room for further decline. If the oil price issue gets resolved and no new problems arise, inflation is likely to decrease, making rate hikes even less meaningful for the Fed. So, my personal view is that as long as Trump doesn’t stir up trouble, it’s highly unlikely we’ll see rate hikes in 2026. @Gate Crypto, U.S. stocks, Hong Kong stocks, Korean stocks, gold, CFD, prediction markets—all-in-one trading platform.