Probability of Fed's July rate hike at 33.7%, no change at 66.3%

iconKuCoinFlash
Share
AI summary iconSummary

Odaily Planet Daily reports, according to CME's "FedWatch": The probability of the Federal Reserve holding rates steady in July is 66.3%, while the probability of a cumulative 25-basis-point rate hike is 33.7%.

The probability that the Federal Reserve will hold rates steady through September is 33.1%, the probability of a cumulative 25-basis-point hike is 50%, and the probability of a cumulative 50-basis-point hike is 16.9%. (TradingEconomics)

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.