The fed rate hikes are already priced in. If there is a 75 bps hike next week, nothing will happen in the markets it’s already priced in. If it’s higher or lower than 75 bps then that’s a different story.
If you look at bond yeilds there are hints that the fed will be done hiking by end of 2022 and maybe even cut rates next year. Currently oil is down and most likely next CPI won’t be as high as it was for the last few months and it’ll calm the markets.
True, I will agree that if ever the fed rate hike news comes again this July there will be no huge impact in the price already as it is priced in. This is not the first time that the fed rate has been done, so initially is has an effect but I guess crypto investors know how to adjust with this kind of story. And yes, they will surely buy if the price goes down hard or near capitulation if anything comes out. So nothing new here, we will simply eat this again like nothing.
