CME FedWatch data showed on July 22 that the Federal Reserve is currently seen as more likely to leave rates unchanged at its July meeting than to raise them. The probability of no change stood at 78.1%, while the probability of a 25-basis-point hike was 21.9%, according to the figures cited by BlockBeats. The update was published under the policy and regulation category. No additional details were provided in the source report beyond the latest probability split from CME FedWatch.
BlockBeats reported on July 22, citing CME FedWatch data, that the probability of the Federal Reserve keeping rates unchanged in July was 78.1%, while the probability of a 25-basis-point rate hike stood at 21.9%.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
