According to recent expectations, the U.S. Federal Reserve is expected to raise the lending rate by 25 basis points (bps) to 5.25% in three days. A poll of 105 economists showed that 94 of them predict a 25bps rate hike during the May 2-3 Federal Open Market Committee (FOMC) meeting. While a rate hike in … US Fed expected to raise lending rate in May Read More »