ChainCatcher report, according to CNBC, CME's "FedWatch" tool shows that the probability of the Fed holding rates steady by September is 36.8%, the probability of a cumulative 25-basis-point hike is 63.2%, and the probability of a cumulative 50-basis-point hike is 0% (prior to the Fed decision, these were 17.8%, 60.2%, and 22%, respectively). By October, the probability of holding rates steady is 26.2%, the probability of a cumulative 25-basis-point hike is 55.6%, the probability of a cumulative 50-basis-point hike is 18.2%, and the probability of a cumulative 75-basis-point hike is 0% (prior to the Fed decision, these were 11.9%, 46.1%, 34.7%, and 7.3%, respectively).
The probability of a Fed rate hike in September drops to 36.8%
ChaincatcherShare
Summary
Fed news indicates a 63.2% probability of a 25-basis-point rate hike in September, down from 60.2% before the decision. A 50-basis-point hike remains at 0%. For October, a 25-basis-point hike is now at 55.6%, with a 26.2% chance of no change. Altcoins to watch may react to these shifts. Prior to the Fed announcement, October probabilities were 46.1% for a 25-basis-point hike and 34.7% for a 50-basis-point move.
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.