To put it simply, the 25 basis point rate hike today is already pretty much priced in by the market. If it’s just a 25 bps hike, the impact on the market won’t be too significant. The key focus will be on the dot plot and Powell’s remarks—especially the dot plot, which might have a bigger impact than today’s rate hike. Right now, the market’s biggest concern is that the Fed can’t control inflation. And honestly, they really can’t, just like in 2022 to 2023. If the Fed fails to control it, they might become even more aggressive, potentially re-entering a rate hike cycle. That’s what the market is truly worried about. The concern isn’t about a single rate hike, but rather the possibility of continuous hikes due to uncontrolled inflation. If they keep hiking like this, the chances of triggering an economic recession are pretty high. @Gate Crypto, US stocks, Hong Kong stocks, Korean stocks, gold, CFDs, prediction markets—all in one place for trading.