"The interest rate is expected to increase from three percent to five percent next month."
Is the correct translation the following?
On prévoit que le taux d'intêret augmentera de trois pour cent à cinq pour cent le mois prochain.
Note that the meaning is that three percent is the interest rate now, and five percent is the interest rate after the change. The interpretation is not that the interest rate will increase between 3-5%. This seems to have created a confusion in my last post.