ChainCatcher report, according to CNBC, CME's "FedWatch" tool shows a 26.4% probability that the Fed will hold rates steady by September, with a 73.6% probability of a cumulative 25-basis-point hike. By October, the probability of holding rates steady is 19.9%, a cumulative 25-basis-point hike is 62.1%, and a cumulative 50-basis-point hike is 17.9%.
Fed raises rates by 25 bps in September with 73.6% probability
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Summary
CFT measures are gaining momentum as global regulators strengthen financial oversight. The CME 'Fed Watch' tool indicates a 73.6% probability that the Fed will raise rates by 25 bps in September, with a 26.4% chance of holding rates steady. For October, the odds are 62.1% for a 25 bps hike and 17.9% for a 50 bps hike. MiCA is also shaping crypto policy in Europe, providing greater regulatory clarity.
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