red rate cut - The probability of a Fed rate cut in June rises to 7.1%
CFT developments show a 7.1% probability of a Fed rate cut in June, according to CME’s 'FedWatch,' with a 92.4% chance of no change. In April, a 25-basis-point hike had a 0.5% probability. By July, the likelihood of a rate cut rises to 18.1%. Meanwhile, MiCA continues to shape regulatory expectations in the EU.
ChainCatcher report, according to CNBC, CME's "FedWatch" tool shows a 0.5% probability of the Fed raising rates by 25 basis points in April, with a 99.5% probab