🚀 CME Predicts Fed Rate Decisions for Upcoming Months
#CME #FedWatch #FedRate #InterestRate #RateCut #FederalReserve #EconomicForecast #MarchPrediction #AprilPrediction #JunePrediction
The CME's FedWatch tool has released its latest predictions regarding the Federal Reserve's interest rate decisions. According to Jin10, the probability of the Fed cutting rates by 25 basis points in March stands at 7.8%, while the likelihood of maintaining the current rate is 92.2%. Looking ahead to April, the probability of a cumulative 25 basis point rate cut increases to 25.3%, with a 73.1% chance of rates remaining unchanged and a 1.6% chance of a cumulative 50 basis point cut. By June, the probability of a cumulative 25 basis point rate cut rises to 52.6%.#CME #FedWatch #FedRate #InterestRate #RateCut #FederalReserve #EconomicForecast #MarchPrediction #AprilPrediction #JunePrediction