[Institution: Fed May Need Further Rate Hikes to Combat Inflation] Jin10 News, September 22 – Haidar, founder and Chief Investment Officer of Haidar Capital Management, stated that the Federal Reserve may need to implement more rate hikes than currently priced in by the market to bring inflation back to target levels. Last week, the Fed raised the federal funds rate target range by 25 basis points to 3.75%-4.00% and signaled another rate hike this year. The money market is currently pricing in three 25-basis-point rate hikes over the next 12 months. Haidar said: 'Although the Fed has only hinted at one more rate hike this year and no further hikes afterward, the market's reaction to the dot plot released at the September meeting was relatively hawkish, indicating that the market remains overly optimistic about the necessity of tightening monetary policy.' Haidar noted that while the timing of the Federal Open Market Committee (FOMC) meeting in October may be too close to the midterm elections, Haidar Capital Management still expects the Fed to raise rates at least once in December 2026 and once in March 2027. 'However, we anticipate that to have a significant impact on inflation, at least 4 to 6 rate hikes will be necessary.'