Fed Seen Likely to Raise Policy Rate Above 5.5% by September
Reuters, Mar. 1, 2023–Ann Saphir
Traders of futures tied to the Federal Reserve’s policy rate added to bets on Wednesday that the U.S. central bank will raise its benchmark rate to a range of 5.5%-5.75% by September, as a widely-followed report signaled some upward price pressures in manufacturing last month.
https://www.reuters.com/markets/rates-bonds/fed-seen-likely-raise-policy-rate-above-55-by-september-2023-03-01/