1.
The yield curve is almost flat... 0.5% will make it invert.
For so many bank/financial institues which make profit from the yield difference (long term yield - short term yield), that increase is sound of grave. Better be more conservative to increase only 0.25%
2.
the hot real estate market (alogn eastcoast and CA) will speed up their collaps.
3.
0.5% send a bad signal to the market... What will they think of such increase