According to CoinMeta, the probability of a Federal Reserve interest rate hike has risen to 46%. Neel Kashkari, the chairman of the Minneapolis Federal Reserve, stated in a CNBC interview on Wednesday that considering ongoing inflation and the uncertainties surrounding the Strait of Hormuz, central banks should begin to gradually raise interest rates. He pointed out that the current monetary policy does not seem particularly tight, and strong corporate profits and economic resilience indicate that higher borrowing costs have not exerted substantial pressure on demand. Kashkari emphasized that he does not advocate for a series of radical interest rate hikes but supports gradual measures aimed at reducing inflation. Kashkari also mentioned that the decision in September will depend on the inflation report released before the meeting and the development of the US-Iran conflict.