Federal Reserve’s Powell: Inflation Battle Not Yet Close to Finished

“We expect a 75 basis point rate hike in September, and do not expect there to be a drastic effect on the markets should that come to pass, followed by successive rate hikes until inflation is reined in and the unemployment rate returns to a healthier number,” Josh Olszewicz, head of research at digital asset fund manager Valkyrie Investments, wrote in an email.