The probability of the Federal Reserve maintaining the same interest rate in August is 90.7%
According to CME's "Fed Watch", the probability of the Federal Reserve keeping interest rates unchanged in August is 90.7%, and the probability of a rate cut by 25 basis points is 9.3%. The likelihood that the Fed will keep interest rates steady until September is 39%, while there's a cumulative chance of a rate cut by 25 basis points at 55.7% and a cumulative chance for a reduction by 50 basis points at 5.3%.
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.
You may also like
RootData: XION will unlock tokens worth approximately $22.13 million in one week
CryptoQuant CEO: Bitcoin On-Chain Indicators Show Bearish Signals, Future Upside May Depend on Macro Liquidity
Bitfury makes a strategic investment of $12 million in the decentralized AI computing network Gonka.ai