[Chain News] On June 21, news emerged that The Federal Reserve Board of Governors member Waller clearly took a dovish stance last night. According to CME’s “FedWatch”: the probability of the Federal Reserve maintaining the interest rate in July has decreased to 83.5% (from 91.7% yesterday), while the probability of a 25 basis point rate cut is 16.5%. The probability of the Federal Reserve maintaining the interest rate in September is 29%, and the cumulative probability of a 25 basis point rate cut is 60.2%, with a cumulative probability of a 50 basis point rate cut at 10.8%.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The Federal Reserve's Waller takes a dovish stance, with the probability of a 25 basis point rate cut in July rising to 16.5%.
[Chain News] On June 21, news emerged that The Federal Reserve Board of Governors member Waller clearly took a dovish stance last night. According to CME’s “FedWatch”: the probability of the Federal Reserve maintaining the interest rate in July has decreased to 83.5% (from 91.7% yesterday), while the probability of a 25 basis point rate cut is 16.5%. The probability of the Federal Reserve maintaining the interest rate in September is 29%, and the cumulative probability of a 25 basis point rate cut is 60.2%, with a cumulative probability of a 50 basis point rate cut at 10.8%.