According to a report cited by ChainCatcher from Jin10, CME FedWatch data shows the Federal Reserve is currently seen holding rates unchanged in July with a 62.1% probability, while the probability of a cumulative 25 basis point rate hike stands at 37.9%.
For September, the same data shows the probability of no rate change at 15.1%. The probability of a cumulative 25 basis point hike is 56.2%, and the probability of a cumulative 50 basis point hike is 28.7%. The figures reflect current market pricing tracked by CME FedWatch as cited in the report.
ChainCatcher reported, citing Jin10, that CME FedWatch data shows a 62.1% probability that the Federal Reserve will leave interest rates unchanged in July. The probability of a cumulative 25 basis point hike stands at 37.9%.
By September, the probability of no rate change is 15.1%. The probability of a cumulative 25 basis point hike is 56.2%, while the probability of a cumulative 50 basis point hike is 28.7%.
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