ChainCatcher report, according to CNBC, CME's "FedWatch" tool shows a 96.4% probability that the Fed will hold rates steady by June, with a 3.6% probability of a cumulative 25-basis-point cut. By July, the probability of holding rates steady is 88.5%, with an 8.2% probability of a cumulative 25-basis-point hike and a 3.2% probability of a cumulative 25-basis-point cut.
Fed holds rates steady in June at 96.4% probability, hike in July at 8.2%
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Summary
CFT measures continue to influence global financial policy, as the Fed is expected to hold rates steady in June with a 96.4% probability, according to CME's 'FedWatch.' A 25-basis-point cut remains at 3.6%. By July, the rate is likely to remain unchanged at 88.5%, with an 8.2% chance of a hike. MiCA is also shaping regulatory clarity in crypto markets. The probability of a 25-basis-point cut in July stands at 3.2%.
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