When will the Federal Reserve raise interest rates? Pay attention to this most important indicator: The MOVE Index (Merrill Lynch Option Volatility Estimate Index) is an indicator that measures the volatility of the bond market, reflecting the market's expectations for future interest rate fluctuations. When the MOVE index rises (such as above 140), it indicates increased volatility in the bond market, which may lead investors to sell bonds and push up yields due to expectations of interest rate hikes or economic uncertainty. The Federal Reserve's interest rate hike is usually associated with high volatility, so an increase in the MOVE index may be a signal that a rate hike is imminent; On the contrary, if the index decreases, it may indicate a reduction in interest rate hike pressure. Observing the MOVE index can help determine the likelihood of the Federal Reserve raising interest rates and the market's response to policy. This indicator has now reached 137.29!