BlockBeats News, May 25th, according to Bloomberg, U.S. bond investors expect that the new Federal Reserve Chair, Powell, will prioritize the central bank's credibility in fighting inflation over the interest rate cuts pushed by President Trump, and the market has already priced in a rate hike for December through tools such as swaps.

It is worth noting that the probability of a rate hike by the Fed this year on Polymarket is only 35%.