Odaily Planet Daily reports, according to CME's "FedWatch": After the Fed's expected rate hike in September, the probability of the Fed maintaining the interest rate at 3.75%-4.00% at its October meeting is 59.5%, the probability of a 25-basis-point hike is 40.1%, and the probability of a 50-basis-point hike is 0.5%. The probability of the Fed maintaining the interest rate at 3.75%-4.00% by December is 16.7%, the probability of a cumulative 25-basis-point hike is 54.0%, the probability of a cumulative 50-basis-point hike is 28.9%, and the probability of a cumulative 75-basis-point hike is 0.3%. (Jinshi)
Fed's October rate hike probability at 40.1% following September decision
KuCoinFlashShare
Summary
According to Odaily, the CME 'FedWatch' tool indicates that following the Fed’s September rate hike, the probability of holding the rate at 3.75%-4.00% in October is 59.5%, with a 25-basis-point increase at 40.1% and a 50-basis-point hike at 0.5%. By December, the probability of no change drops to 16.7%, with a 25-basis-point hike at 54.0% and a 50-basis-point hike at 28.9%. The Fed’s policy direction continues to influence liquidity and crypto markets, as traders monitor for signs of tighter monetary conditions amid CFTC regulations.
Source:Show original
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.