The US inflation rate hit a 40-year high in May. Driven by widespread increases in prices of many important commodities, inflation unexpectedly accelerated, putting pressure on the Federal Reserve to aggressively raise interest rates over a longer period of time. The Federal Reserve will hold its June monetary policy meeting this week.

Faced with such accelerated inflation, how the Federal Reserve will act in the future has become the market's biggest concern. And Wall Street is beginning to discuss how the Federal Reserve will raise interest rates,Barclays also took the lead in calling for the Federal Reserve to raise interest rates by 75 basis points this week.Compared to Barclays,Although many other investment banks are not that hawkish, they also generally do not rule out the possibility that the Federal Reserve will raise interest rates by 75 basis points in the future.