CME FedWatch data showed on July 23 that markets were pricing in a 68.5% probability that the U.S. Federal Reserve will leave rates unchanged at its July meeting, while the probability of a 25-basis-point rate hike stood at 31.5%. The update reflects the latest market positioning around the Fed’s near-term rate decision. No other probabilities or policy signals were provided in the source. The figures were cited by BlockBeats in a brief market update.
According to BlockBeats on July 23, data from CME FedWatch showed a 68.5% probability that the U.S. Federal Reserve will keep rates unchanged in July, while the probability of a 25-basis-point rate hike stood at 31.5%.
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