CME FedWatch: 88.7% probability of Fed rate hike of 25 bps in July
After the Fed released the minutes of its monetary policy meeting this morning, according to the CME "Fed Watch" tool, the probability of the Fed maintaining interest rates at 5.00%-5.25% unchanged in July is 11.3%, and the probability of a 25 basis point hike to the 5.25%-5.50% range is 88.7%; by September the probability of maintaining interest rates The probability that rates will remain unchanged by September is 8.8%, the probability of a cumulative 25 basis point hike is 71.6%, and the probability of a cumulative 50 basis point hike is 19.5%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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