Bank of America Securities
benchmark interest rate
CME Group
Economics
economists
Federal Reserve
Financial Markets
FOMC Meeting
inflation
Interest Rates
Michael Gapen
Monetary Policy
Rate Hike
US Central Bank Expected to Raise Lending Rate by 25bps: Experts Predict Final Hike of 2023
After the most recent increase in the federal funds rate, the U.S. Federal Reserve is set to raise the lending rate by 25 basis points (bps) to 5.25% in three…