CME FedWatch data shows markets pricing an 88.8% probability that the U.S. Federal Reserve will leave rates unchanged in July, with an 11.2% chance of a cumulative 25-basis-point hike. Looking out to September, the probability of rates staying unchanged stands at 51.2%. The same data assigns a 44% chance to a cumulative 25-basis-point increase by then, while the likelihood of a cumulative 50-basis-point hike is 4.7%. The figures were cited by Odaily.
Odaily reported that CME FedWatch data shows an 88.8% probability that the Federal Reserve will keep interest rates unchanged in July. The probability of a cumulative 25-basis-point hike stands at 11.2%.
For September, the data shows a 51.2% probability that the Fed will keep rates unchanged. The probability of a cumulative 25-basis-point hike is 44%, while the chance of a cumulative 50-basis-point increase is 4.7%.
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