Fed Expected to Deliver 'Hawkish Hold' -- Market Talk

0524 GMT - Investors should expect a "hawkish hold" at the Federal Reserve's meeting, where there is also a meaningful probability of a rate increase, TwentyFour Asset Management's Gordon Shannon says in a note. Markets currently price in a 31.5% probability of a hike Wednesday, according to LSEG. "While I predict the Fed will tighten policy by 25-50 basis points later this year, the softer June CPI inflation and weak payroll growth indicate the committee can wait for more data," the co-head of investment grade says. (emese.bartha@wsj.com)

(END) Dow Jones Newswires

July 29, 2026 01:24 ET (05:24 GMT)