Odaily Planet Daily report: According to CME's "FedWatch," the probability that the Federal Reserve will hold rates steady through June is 97.6%, with a 2.4% chance of a cumulative 25-basis-point cut. The probability of holding rates steady through July is 95.6%, with a 4.4% chance of a cumulative 25-basis-point cut and a 0.1% chance of a cumulative 50-basis-point cut.
Fed to Keep Rates Unchanged in June with 97.6% Probability
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Summary
According to Odaily, the CME 'FedWatch' tool indicates a 97.6% probability that the Fed will maintain rates unchanged in June, with a 2.4% chance of a 25-basis-point cut. For July, no change is projected at 95.6%, while a 25-basis-point cut stands at 4.4%. MiCA is set to influence crypto markets in the EU, and CFT measures are also gaining global traction.
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