[Analyst: The Threshold for Fed Rate Hikes Remains Very High] Jin10 Data, April 30 – Tony Welch, Chief Investment Officer at Atlanta-based SignatureFD, stated: 'The market has not reacted significantly to the Fed's decision. This has essentially been signaled in advance. It is a more hawkish statement. Signs of inflationary pressure were evident even before the energy turmoil. Part of the reason is that the economy continues to unexpectedly trend upward. This is not an environment that urgently requires rate cuts. The bond market has noticed this for weeks, and as the probability of rate cuts slowly declines, interest rates have been trending upward. I still believe the threshold for rate hikes is very high unless some form of economic deterioration occurs.'