There are only 4 days left before the Fed’s interest rate decision. The probability of a 25 basis point rate cut in June is 0.4%.

This article is machine translated
Show original

On June 15, according to CME "Fed Watch" data, with 4 days remaining until the next FOMC meeting (rate decision to be announced at 2 AM Beijing time on Thursday, June 19), the probability of the Federal Reserve cutting rates by 25 basis points in June is 0.4%, while the probability of maintaining current rates is 99.6%.

The probability of the Federal Reserve cutting rates by a cumulative 50 basis points by July is 0.1%, the probability of a cumulative 25 basis point cut is 23%, and the probability of maintaining current rates is 76.9%.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
1
Add to Favorites
Comments