“We expect a 75 basis point rate hike in September, and do not expect there to be a drastic effect on the markets should that come to pass, followed by successive rate hikes until inflation is reined in and the unemployment rate returns to a healthier number,” Josh Olszewicz, head of research at digital asset fund manager Valkyrie Investments, wrote in an email.
Source: https://www.coindesk.com/markets/2022/08/26/federal-reserves-powell-inflation-battle-not-yet-close-to-finished/?utm_medium=referral&utm_source=rss&utm_campaign=headlines