That's pretty much a rate hike at every meeting as the Fed is scheduled to only be meeting seven more times during the course of the year. It looks like more firms are stepping up their rate hike expectations from once every quarter i.e. 100 bps to at least 150 bps worth of hikes, after Powell's communique yesterday.
BNP now expects six rate hikes by the Fed this year, up from four hikes previously
- More firms adding to rate hike expectations after the Fed yesterday
