BlockBeats News, June 10th, following the release of the CPI data, short-term interest rate futures indicate that the market has reduced its expectations of a Fed rate hike.
According to the CME FedWatch Tool, the probability of the Fed keeping interest rates unchanged at this month's FOMC meeting is 98.2%. By the end of the year, the likelihood of a Fed rate hike has decreased to 68.5%.
Disclaimer: The current content is sourced from third-party perspectives or directly translated by AI from third-party perspectives. CoinEx does not guarantee the authenticity, accuracy, and originality of the content, and it does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.
- CoinsPrice24H Change