may 26  traders of futures contracts tied to the federal reserves policy rate boosted bets on friday that the us central bank is not yet done on raising interest rates after a government report showed inflation last month rose faster than expected implied yields on the contracts rose after the commerce department report reflecting about a 60 chance that the fed will increase its target range for the benchmark rate currently at 5525 by a quarter of a percentage point at its june meeting futures contracts earlier in the day were pricing in about a 60 chance the fed would skip a june rate hike