Quantity 9.
In response to Fed Funds Futures knowledge, The Federal Reserve is now forecasting 9 charge will increase over the following yr.

Fed Funds Futures are pointing to eight.924 charge hikes by the Fed FOMC assembly on February 1, 2023.

The US Treasury 10Y-2Y curve flattened by 5.5 bps right now with the whole curve downshifting.

The Federal Reserve jogs my memory of The Workplace episode “Malone’s Cones.” They’ll’t actually clarify why they saved charges so low for therefore lengthy (coverage error) and appear to threat collapsing the market with speedy charge hikes with out a lot wise rationalization.
