Will this be the last time for a Fed rate hike?
Today, The Fed raised their target rate to 5.50%, up 525 basis points from 0.25% on 3/15/2022. That is one big rise in rates over a short period of time.
Will they stop with one rate hike? If The Fed Funds Futures data is correct … no more rate ratese this year and maybe declining rates next year.
The US Treasury 10Y-2Y yield curve remains deeply inverted at -102.08 basis points.
