Prediction: Fed Interest Rates to 5.25% in June; End There

Despite the release of the minutes from the FOMC meeting, Bubble Meter is still predicting that the Federal Reserve will stop raising short term interest rates once it reaches 5.25 in June. The Fed may raise rates to 5.5%, although 5.25% is much more likely.

How high will the Federal Reserve raise interest rates this year? Why?