📈 According to CME Fedwatch from the Chicago Mercantile Exchange, traders are making predictions for the upcoming FOMC meeting in November. 🏦
🔒 They currently anticipate a 73.7% probability that the U.S. Federal Reserve will maintain the benchmark interest rate without any changes. 📊
📈 A 26.3% probability is assigned to a 25 basis point (baby step) increase. 📈
#FedInterestRate #MarketPredictions #CMEFedwatch 🇺🇸📊