ChainCatcher report, according to CNBC, CME's "FedWatch" tool shows a 99.2% probability that the Fed will hold rates steady this week, and a 0.8% probability of a 25-basis-point cut. By April, the probability of a cumulative 25-basis-point cut is 6.9%, the probability of no change is 93%, and the probability of a cumulative 50-basis-point cut is 0%. By June, the probability of a cumulative 25-basis-point cut is 24.7%.
Fed to Keep Interest Rates Unchanged at 99.2% Probability This Week
ChaincatcherShare
Summary
CFT developments show that the CME "Fed Watch" tool estimates a 99.2% chance the Fed will hold interest rates steady this week, with a 0.8% chance of a 25-basis-point cut. By April, the probability of a rate cut rises to 6.9%, while the likelihood of no change remains at 93%. In June, the chance of a 25-basis-point cut reaches 24.7%. Crypto legislation is currently under active discussion amid regulatory shifts and global compliance efforts.
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.