The Federal Reserve will raise rates by at least 50 basis points at its June 14-15, 2022 meeting.

Accurate ●●●●●

“We should look the Fed to increase by at least 50 basis points this coming week.”

Said on: 12 June 2022 · Interview on CBS "Face the Nation" with John Dickerson, three days before the June 2022 FOMC decision
Source: Transcript: Mohamed El-Erian on "Face the Nation," June 12, 2022 · CBS News
Should come true: 15 Jun 2022
How sure they sounded: we should look [for]
Categories: Economy
Importance: 3 of 5 · Size of a Fed hike during the 2022 inflation surge affected US borrowing costs and global markets.

Outcome

Accurate Happened 15 June 2022.

On June 15, 2022 the FOMC raised the federal funds target range by 75 basis points to 1.50-1.75%, meeting his "at least 50 basis points" call.

Evidence:

History