75 Basis Point Hike

As predicted, the FED announced a 75 basis point increase. Most of this has already been priced into the market. I imagine we will see another 50-75 basis point increase in July as well. It could even be 100 points if inflation continues to grow.

https://www.bloomberg.com/news/articles/2022-06-15/fed-hikes-rates-75-basis-points-intensifying-inflation-fight