What is the likelihood that the Fed will change the federal target rate at the upcoming FOMC meetings, according to interest rate traders?
The US Federal Reserve is expected to initiate its first rate cut in four years this week.
CME's FedWatch tool indicates that 59% of traders expect a 50 basis point cut, increasing the likelihood of a further reduction, up from 25 basis points.
CME Group's FedWatch tool is an essential tool for analysis and forecasting in financial markets.
It provides a clear and up-to-date view of market expectations regarding Federal Reserve decisions, allowing investors and analysts to make more informed and strategic decisions.
With this tool, market participants can anticipate possible moves and adjust their strategies accordingly. đđ #Bitcoinâ #BTCâ #BinanceSquareFamily #HotTrens #CPI_BTC_Watch $BTC
