Fed less likely to raise rates as Strait of Hormuz reopens, Michael Kantro notes

Fed less likely to raise rates as Strait of Hormuz reopens, Michael Kantro notes
Strait of Hormuz reopening eases rate hike odds

Michael Kantro suggests that the reopening of the Strait of Hormuz will decrease the probability of the Federal Reserve raising interest rates this year.

Kantro references comments from Piper Sandler's Kantrowitz on this development.

Kantro has previously examined market mechanics, questioning the movement of funds when $100 is withdrawn from a money market to buy a stock in a recent breakdown of stock transactions. In a separate analysis, he reported on the sharp decline in software valuations as discussed with Piper Sandler's Billy Fitzsimmons, attributing changes to AI disruption in the sector. The author’s recent comments follow this series of market-focused observations.

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