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Bangkok Post

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MYSTERIOUS: Analysts pick modest fed rate increase - What They Never Told You

US Federal Reserve KResearch Kasikorn Research Center the Federal Reserve United States Inflation Europe Interest Rates

A man contacts a staff member at a currency exchange booth in Bangkok. (File photo: Somchai Poomlard)

Kasikorn Research Center (KResearch) expects the Federal Reserve to increase interest rates by 0.25% on Wednesday to tame inflation as the banking crisis in the US and Europe has eased somewhat.

The Federal Open Market Committee is projected to hike the rate by 25 basis points to 4.75-5.00% as US inflation remained elevated in February.

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