Fed Rate Hike Pricing Deemed Excessive by Bai Da Wealth

Bai Da Wealth argues market overprices Fed rate hike risk, citing inflation data and official comments supporting a hold at 3.5%-3.75% this week.

Woofun AI reports that Bai Da Wealth asserts the market has excessively priced in the probability of a Federal Reserve interest rate increase. Senior U.S. economist Xiao Cui notes that while an unexpected hike remains a remote possibility, current market valuations appear disproportionate to the risk. Recent U.S. inflation figures and statements from Federal Reserve officials have strengthened the consensus that the central bank will maintain interest rates within the 3.5% to 3.75% range during this week's meeting. Cui further suggests that committee members Logan and Harmark may cast dissenting votes in favor of a 25 basis point increase, with Kashkari potentially aligning with this minority view.