Market Increases Bets on Fed Rate Hike; Expected to Raise Rates by 20 Basis Points This Year

2026-03-23 11:53:12

Traders are increasing their bets on the Federal Reserve raising interest rates, expecting a 20 basis point hike by the end of the year. The swap market indicates that the Federal Reserve will raise rates by 20 basis points this year, up from 8 basis points last Friday, while a week ago it showed a 25 basis point cut.

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(Original source: Cailian Press)

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