Odaily Planet Daily reports, according to CME's "FedWatch": The probability of the Fed cutting rates by 25 basis points at this meeting is 0%, the probability of holding rates steady is 98.9%, and the probability of raising rates by 25 basis points is 1.1%. The probability of a cumulative rate cut of 25 basis points by April is 2.0%, the probability of holding rates steady is 96.9%, and the probability of a rate hike of 25 basis points is 1.0%. The probability of a cumulative rate cut of 25 basis points by June is 16.3%, the probability of holding rates steady is 82.5%, and the probability of a rate hike of 25 basis points is 0.9%.
Fed meeting to keep interest rates unchanged at 98.9% probability
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Summary
CFT measures continue to influence liquidity and crypto markets as the Fed meeting approaches. According to CME’s FedWatch, the probability of a rate cut at this meeting is 0%, with a 98.9% chance of no change and a 1.1% chance of a hike. By April, a 25-basis-point cut has a 2.0% probability, 96.9% for no change, and 1.0% for a hike. By June, the probability of a cut rises to 16.3%, with 82.5% for no change and 0.9% for a hike.
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