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TechFlow News, June 27: According to the latest data from CME’s “FedWatch” tool, markets assign a 70.1% probability that the Federal Reserve will hold its current interest rate steady at its July monetary policy meeting.
Meanwhile, markets assign a 29.9% probability that the Fed will raise rates by 25 basis points.
According to the latest data from CME’s “FedWatch” tool, the market expects a 70.1% probability that the Federal Reserve will hold its current interest rate unchanged at its July monetary policy meeting. Meanwhile, the market assigns a 29.9% probability to a 25-basis-point rate hike by the Fed.
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