INSIGHTS Fed Signals Several Half-Percentage Point Hikes to Come By Staff Friday, May 27, 2022 12:10 AM “We're going to have two consecutive 50 basis point hikes over the next few meetings. If it's less, the market will think the Fed doesn't take [the economic situation and high inflation] seriously. If it's more, [the market] will think it's worse than we thought.”David Rubenstein, co-founder and co-chairman of the Carlyle Group, commenting during a panel at the World Economic Forum in Davos earlier this week, as reported by CNN Business in its story, “Fed Signals Several Half-Percentage Point Hikes to Come.”