Rising Expectations for Fed Rate Hike Nov 08, 2021 View in your browser Rising Expectations for Rate Hikes By Blu Putnam, Chief Economist Erik Norland, Senior Economist CME Group Factors Fueling Fed Rate Hike Expectations Inflation topping 5%, supply chain issues lift rate hike expectations. Even transitory inflation could take 18-24 months to subside. New Fed appointments are likely before rate hikes. Does Fed have the tools to tamp down supply-driven inflation? Watch video Investors Expect Multiple Rate Hikes Sharp increase in number of investors. expecting Fed rate hikes in recent weeks. High inflation, tight labor market, supply chain issues fuel rising expectations. Yields for five- and 10-year Treasuries outpace rise in 30-year bond yields. Investors confident Fed would contain inflation over the long term. Watch video SEE MORE ANNOUNCEMENTS