Fed will hike rates by 75 basis points in June and July - Nomura

Apr. 22, 2022 4:53 AM ETSPDR S&P 500 Trust ETF (SPY), TBTQQQ, SHY, TLT, SP500, NDXBy: Kim Khan, SA News Editor493 Comments

Federal Reserve Building in Washington DC

pabradyphoto/iStock via Getty Images

Seventy-five basis points is the new 50 basis points.

A relentlessly hawkish Federal Reserve is ramping up market expectations for big interest rate hikes that would've been considered unthinkable (and market crippling) just two months ago.

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