[Strategist: Low Probability of Fed Rate Hike in July] Jin10 News, July 10 – Investors are increasingly concerned that the Federal Reserve's next policy decision could involve a 25 basis point rate hike, possibly as early as this month. However, Federated Hermes Chief Market Strategist Phil Orlando stated that this scenario is unlikely to occur. 'We do not agree with this view and expect the Fed to overlook what should only be a temporary energy supply shock and maintain rates unchanged,' Orlando said. Disappointing U.S. labor market data last week prompted the market to push expectations for the final rate hike to later this year. According to data from the London Stock Exchange Group, the probability of a 25 basis point rate hike in July is priced at 22% in the currency market.