Probability of Fed Rate Hike by 25 Basis Points In June At 66.5%

According to CME Fed Watch Tool, the probability of the US Fed maintaining interest rates unchanged in June is 33.5%, that of a 25-basis-point hike is 66.5%, that of maintaining rates at the current level in July is 20.2%, that of an accumulative rate hike by 25 basis points is 53.4%, and that of an accumulative rate hike by 50 basis points is 26.4%.

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