Securities warn that the risk of a Federal Reserve rate hike in July is underestimated, and there is an above-expected risk in the employment report.

华尔街见闻2026/07/01 17:57

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The company's head of macro strategy, Frank Flight, continues to regard two Federal Reserve rate hikes this year—one in September and another in December—as the baseline scenario. Even so, he stated that the market assigns about a 30% probability to a July rate hike, which he believes is too low.

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Securities warn that the risk of a Federal Reserve rate hike in July is underestimated, and there is an above-expected risk in the employment report.

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