Fed raises rates by 25 bps in June with a 34.2% probability

2023/05/25 07:48

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Following the release of the Fed's May minutes, according to CME's "Fed Watch": the probability of the Fed keeping rates unchanged in June is 65.8%, and the probability of a 25 basis point hike to a range of 5.25% -5.50% is 34.2%.

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