BlockBeats News, June 13, according to CME's "FedWatch" data, the probability of the Fed keeping interest rates unchanged until December is 39.6%, with only a 1% probability of a cumulative 25 basis point rate cut.
The probability of a Fed rate hike during the year has fallen to 59.4%, with a 42.3% probability of a cumulative 25 basis point rate hike, a 14.9% probability of a cumulative 50 basis point rate hike, a 2.1% probability of a cumulative 75 basis point rate hike, and a 0.1% probability of a cumulative 100 basis point rate hike.
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