All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience. In what might have been the last rate hike of the current monetary policy tightening cycle, the Federal Reserve (Fed) raised interest rates to 5.125% on May 3. Through the cycle that began in March last year, the Fed has cumulatively raised rates ... (full story)