The latest reading put the probability of no change at the Federal Reserve’s July meeting at 61.5%, with rate-cut odds at about 38.5%.
Markets are pricing in a higher likelihood that the Federal Reserve will leave interest rates unchanged at its July meeting. CME FedWatch (a tool tracking Fed rate expectations) showed a 61.5% probability of rates staying at current levels, while the chance of a rate cut was about 38.5% as of June 22. The figures offer a snapshot of investor expectations for near-term U.S. monetary policy, which can influence risk assets including cryptocurrencies.