{"id":107824,"title":"Federal Reserve initiates discussions that may potentially conclude the sequence of interest rate increases.","publisher":"Share Talk","author":"sharetalk","published":"2023-05-02T15:48:43+00:00","modified":"2023-05-02T15:48:43+00:00","canonical_url":"https://www.share-talk.com/federal-reserve-initiates-discussions-that-may-potentially-conclude-the-sequence-of-interest-rate-increases/","markdown_url":"https://www.share-talk.com/federal-reserve-initiates-discussions-that-may-potentially-conclude-the-sequence-of-interest-rate-increases.md","json_url":"https://www.share-talk.com/federal-reserve-initiates-discussions-that-may-potentially-conclude-the-sequence-of-interest-rate-increases.json","category":"B2B","categories":["B2B","Business & Support Services","Technology","Technology, Media & Telecoms"],"tags":["Benchmark","CME Group","Fed","Federal Reserve","futures","Goldman Sachs","lending","Traders","USA"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1","format":"news","language":"en-GB","content":"Today, the US Federal Reserve commenced a two-day meeting to determine whether to increase its benchmark lending rate for the 10th, and potentially final, time in order to address surging prices.\n\nSince March of last year, the Fed has pursued an assertive strategy of raising interest rates to combat high inflation, which continues to exceed its long-term target of two percent.\n\nAs the Federal Open Market Committee (FOMC) is broadly expected to raise its base rate by a quarter-point on Wednesday, analysts will be examining any alterations to the forward guidance in its statement, as mentioned by Goldman Sachs’ chief US economist David Mericle in a recent client note.\n\nhttps://twitter.com/Share_Talk/status/1653418041345036292?s=20\n\nMericle stated that he anticipates the Committee will indicate a pause in June, but maintain a hawkish stance, ending earlier than initially planned due to the likelihood of bank stress causing credit tightening.\n\nAccording to CME Group, futures traders foresee a greater than 95% chance that the Fed will increase its benchmark lending rate by 25 basis points when announcing its decision tomorrow. This adjustment would elevate the interest rate to a range of 5 to 5.25%, marking its highest level since prior to the global financial crisis."}