No.

The Federal Reserve forecasts holding onto the range of 1.5 percent to 1.75 percent benchmark rate this year, raising the rate to 1.9 next year, and once again to 2.1 percent in 2022. However, the Fed's actions are often unpredictable. Last year, it unexpectedly slashed rates three times. Most institutions believe that the Fed needs to cut rates once this year if the global situation remains stable but if not, at least three times. The Federal Open Market Committee will meet in June, July, and September to discuss such moves.