BlockBeats news, June 24 – According to the CME FedWatch tool, the probability of the Federal Reserve keeping interest rates unchanged at its July monetary policy meeting stands at 65.8%, while the probability of a 25-basis-point rate hike is 34.2%. The data, calculated based on federal funds futures prices, serves as a key gauge of market expectations for the Fed's policy path.
The current figures show that while maintaining the rate remains the more likely outcome, the over-one-third probability of a hike reflects divergent views on inflation and the economic outlook. The Fed's interest rate decision will directly affect global liquidity conditions and have knock-on effects on risk assets, including cryptocurrencies. Markets will closely watch upcoming economic data for further clues.