CME FedWatch Tool Provides More Than 70% Chance Of 25 Basis Point Hike At June Meeting

CME FedWatch Tool Provides More Than 70% Chance Of 25 Basis Point Hike At June Meeting

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Federal Reserve policymakers will probably hike the target range for the federal funds rate at their upcoming meeting, according to results recently provided by the CME FedWatch Tool. The members of the Federal Open Market Committee are 70.5% likely to provide a 25 basis-point increase in the…

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