Will The US Fed Raise Rates By 50 Bps Or 75 Bps? | ET Now

The key question market is waiting for is whether Fed will bite the bullet and announce a 75 bps hike or will stay on course for a 50 bps hike. The expectations have changed materially over the last 5 days. This after a stronger than expected inflation number at 8.6% spooked the street. Consequently, the probability of 75 bps hike has moved from 4% on June 7th to over 95% on June 14th, according to CME group. This Fed meeting gains special importance as the Fed Committee will also update its dot plot and key economic projections like inflation and GDP forecast. The street is also watching out for any revision to the terminal rate. #ETNow #TheMatrket #StockMarket

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