# FedRateHikeExpectationsAreResurfacing

#FedRateHikeExpectationsAreResurfacing
Just when markets had priced in a "soft landing" and a series of imminent rate cuts, a new narrative is gripping Wall Street: The possibility that the Federal Reserve’s next move might not be a cut—but a hike.
For the last six months, the consensus was that the Fed was done with its aggressive tightening cycle. However, recent data points are forcing a brutal repricing of interest rate expectations. Here is a detailed breakdown of why the "higher for longer" mantra is evolving into "maybe even higher."
1. The Inflation Sticky Patch
The primary driver behi