CME FedWatch: Fed Rate Hike Probability for the Year Exceeds 67%

BlockBeats News, May 24th, according to CME's "FedWatch" data, the probability of the Fed maintaining interest rates until December is 32.1%, the probability of a cumulative 25 basis point rate hike is 42.5%, the probability of a cumulative 50 basis point rate hike is 20.6%, the probability of a cumulative 75 basis point rate hike is 4.4%, and the probability of a cumulative 100 basis point rate hike is 0.4%.