📊MARKETS BET FED WILL HIKE AGAIN

Investor expectations for a Fed rate hike are rising. Bank of America’s June fund manager survey shows 40% expect at least one hike in the next 12 months, up from 16% in May. Rate-cut hopes fell sharply, with only 28% expecting cuts versus 50% last month. Prediction markets also show growing odds of a Fed hike before 2027.