Making predictions about whether or not interest rates will continue to rise is not my forte. After all, I'm primarily a corporate finance guy, so I don't have any expertise in that area.
But James Hamilton's thing IS an interest rates kind of guy (and one of the better ones, at that). His analysis indicates that we might not be seeing another fed funds rate increase for the next three FOMC meetings.
He argues that the pause in rate increases isn't driven by decreased inflation expectations, but by concerns for what further increases would do the the already tanking housing market (among others).
Read the whole thing here.