CME: Probability of Fed Keeping Rates Unchanged in February at 87.1%
Data from CME's "FedWatch" indicates an 87.1% probability that the Federal Reserve will maintain interest rates unchanged in the 5.25%-5.50% range in February, with a 12.9% probability of a 25-basis-point rate cut. The likelihood of the Fed keeping rates steady through March next year stands at 20.9%, with a cumulative 25-basis-point rate cut probability at 69.3% and a cumulative 50-basis-point rate cut probability at 9.8%.
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