📈 CME Raises Implied Probability of 25bp Rate Hike to 88.7% Following FOMC Meeting

According to CME Group's FedWatch tool, the implied probability of a 25 basis point interest rate hike has surged to 88.7% after the recent FOMC meeting. This indicates a growing expectation of a tightening monetary policy by the Federal Reserve.

Investors are closely monitoring the Fed's stance on interest rates, as any increase can have significant implications for various sectors of the economy. The higher probability of a rate hike suggests that market participants anticipate a more restrictive monetary environment in the near future.

#CMEGroup #FOMC #InterestRates #MonetaryPolicy

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