CME FedWatch: Probability of a Total 25 Basis Point Rate Cut by September Rises to 63.1%
BlockBeats News, July 16 — According to CME "FedWatch" data, there is a 4.7% probability of a 25 basis point rate cut in July, while the probability of keeping rates unchanged is 95.3%.
The probability that the Federal Reserve will keep rates unchanged through September is 33.9%, with a 63.1% chance of a cumulative 25 basis point rate cut, and a 3% chance of a cumulative 50 basis point rate cut.
The next two FOMC meetings are scheduled for July 30 and September 17.
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
IREN (IREN.US) mysterious client revealed? Rumor has it Anthropic signed a multi-year cloud contract
Previous reports indicated that Anthropic is the mysterious AI cloud client mentioned by IREN Ltd. (IREN.US) during its financial results call a few months ago. On Sunday night, IREN’s share price surged 9% in after-hours trading.
Simwon America (SWA.US) applies for Nasdaq IPO, plans to raise up to $50 million
Simwon America, a manufacturer of structural components for electric vehicles, filed for an IPO with the U.S. Securities and Exchange Commission (SEC) last Friday, aiming to raise up to $50 million. The company is a spinoff of Korea’s MS Autotech.
Sui Foundation Invests $30M in DATA Network as It Moves to Sui post-167040 post-167040 post-167040
Crypto prices
More
