ChainCatcher report, according to CNBC, CME's "FedWatch" tool shows a 99.9% probability that the Fed will hold rates steady by June, with a 0.1% probability of a cumulative 25-basis-point cut. By July, the probability of holding rates steady is 90.3%, a cumulative 25-basis-point hike is 9.6%, and a cumulative 25-basis-point cut is 0.1%.
Fed to Keep Rates Unchanged in June, Hike Probability at 9.6% in July
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Summary
According to ChainCatcher, the CME 'FedWatch' tool indicates a 99.9% probability that the Federal Reserve will hold interest rates steady in June, with a 0.1% chance of a 25-basis-point cut. For July, the probability of maintaining the current rate is 90.3%, while a 25-basis-point rate hike is projected at 9.6%, and a 25-basis-point cut has a 0.1% likelihood. The Fed’s policy stance remains critical for crypto markets, particularly amid MiCA and CFT compliance pressures.
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