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After announcing a hike last month, officials said they would be more data-dependent on future decisions, fanning hopes it would stop hiking.
Source: https://business.inquirer.net/414986/asian-markets-struggle-after-more-weak-china-data
And we're expecting more frequent changes in financial conditions, just because the Fed is data-dependent.
They didn't, and hiked to 4.1%, with a hint that further hikes were going to be data-dependent.