Wednesday sees the Fed deliver their FOMC policy update for May. Expectations are for this FOMC meeting to provide the final 25bps hike for this tightening cycle, so will it?
IMO, at this point it’s not much about 1 or a few more 0.25% hikes. Now the speculations should be about how long Fed keeps the rates at these higher levels. 6 months? 1 year? 2 years? 3 years? 5 years?