The meeting of the US Federal Reserve System is expected to take place on November 2, 2022. The market is 81% sure that the interest rate will be increased by 75 basis points.

On November 4, 2022, the publication of the unemployment rate in the United States of America for the month of October is expected. In the event that interest rates rise by 75 bp, the 4th such increase will be in a row.

During the last meeting, the Federal Reserve announced that it had decided to raise interest rates by 75 bp. and 48% of respondents believe that this is a high figure. The Goldman Sachs report, which was released on October 29, shows that bank economists also expect the interest rate to increase by 5% through March 2023.

Experts believe that the rapid growth of rates will go along with the increase in rates by 75 bp. p. this week, by 50 b.p. p. in the month of December and by 25 b.p. in February and March 2023.

Based on the data, it can be seen that since 1990 the Federal Reserve has never raised interest rates by a full percentage point.

Earlier, news has appeared that the Federal Reserve is issuing recommendations for crypto companies, looking to open master accounts.