Nomura says the FOMC is likely to hike by 50bps in May then 75bps in both June & July

50 bp at each meeting is consensus. Nomura forecasting:50bps in May75bps in June75bps in July alsoNomura were the first I'd seen to call for 50bp rate hikes. May 3 -4, then June 14 – 15, and July 26 – 27  the dates of the upcoming Federal Open Market Committee meetings.