Odaily Planet Daily reports, according to CME's "FedWatch": The probability that the Fed will hold rates steady by September is 63.5%, while the probability of a cumulative 25-basis-point hike is 36.5%. The probability that the Fed will hold rates steady by October is 47.3%, with a 43.4% chance of a cumulative 25-basis-point hike and a 9.3% chance of a cumulative 50-basis-point hike. (Jinshi)
Probability of the Fed holding interest rates steady in September at 63.5%
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According to Odaily, the CME 'FedWatch' tool indicates a 63.5% probability that the Federal Reserve will maintain rates unchanged in September, with a 36.5% chance of a 25-basis-point increase. For October, the probability of no rate change is 47.3%, a 25-basis-point hike is 43.4%, and a 50-basis-point move is 9.3%. Fed policy influences liquidity and crypto markets, as traders closely monitor CME futures and rate trends.
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