After taking an Advil while watching the questions being asked of Powell and with Powell saying the dot plot in a few weeks will most likely tilt up in terms of the median end point of the fed funds rate from the previous 5.4%, the fed funds futures market is pricing in a 48% change of a 50 bps hike in two weeks. That is up from 28% yesterday. The end rate is now up to 5.58% in October vs 5.47% yesterday. I do not think the Fed goes 50 bps at any of the remaining rate hike meetings at this point after already slowing the pace and will continue on with 25 bps until it finally stops.