- More rate hikes are likely necessary
- Very concerned whether inflation will cool quickly enough
- Challenging and uncertain environment enabled June pause
- Process of rebalancing economy slower than expected
- Skeptical about lagged impact of past Fed rate hikes
- Housing market may have bottomed out
- Housing sector rebound might threaten progress on inflation
![](https://i0.wp.com/forexsignalbullish.com/wp-content/uploads/2023/07/VantageFX_UK_awards.png?resize=569%2C199&ssl=1)
A hike later this month is a done deal, no matter what next week’s CPI says.