ChainCatcher report, according to CNBC, CME's "FedWatch" tool shows a 97.3% probability that the Fed will hold rates steady by June, with a 2.7% probability of a cumulative 25-basis-point hike. By July, the probability of holding rates steady is 84.8%, a cumulative 25-basis-point hike is 14.8%, and a cumulative 50-basis-point hike is 0.3%.
Fed Maintains Interest Rates in June with 97.3% Probability
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Summary
CFT measures remain a focus as the Fed is expected to hold rates steady in June, with a 97.3% probability according to the CME 'Fed Watch' tool. A 25-basis-point hike has a 2.7% chance. For July, the odds of a rate hold are 84.8%, while a 25-basis-point increase is at 14.8%. MiCA is also drawing attention as regulatory frameworks evolve. A 50-basis-point hike in July is seen with just a 0.3% probability.
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