CME FedWatch: The probability of a 25 basis point rate hike by the Federal Reserve in July is 88.7%

ChainCatcher news, after the Federal Reserve released the minutes of its monetary policy meeting this morning, according to the CME "FedWatch" tool, the probability of the Federal Reserve maintaining the interest rate at 5.00%-5.25% in July is 11.3%, while the probability of raising the rate by 25 basis points to the 5.25%-5.50% range is 88.7%; the probability of maintaining the interest rate unchanged in September is 8.8%, the probability of a cumulative increase of 25 basis points is 71.6%, and the probability of a cumulative increase of 50 basis points is 19.5%. (Source link)