As per the Federal Reserve Watch forecast, it seems that the consensus among Fed watchers is that the Federal Reserve will raise interest rates by a quarter percent clear through June. Currently, the interest rate is at 4.50%-4.75%.
According to the forecast, the consensus among Fed watchers is that after the FOMC meeting on March 22, the interest rate will be raised to a range of 4.75%-5.00%, with a 100% probability of change from the current policy.
Similarly, after the FOMC meeting on May 3, the consensus is that the interest rate will be raised to a range of 5.00%-5.25%, with a 92.3% probability of change from the current policy.
Finally, after the FOMC meeting on June 14, the consensus is that the interest rate will be raised to a range of 5.25%-5.50%, with a 64.1% probability of change from the current policy.