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Vosh receives nomination, CME data shows nearly a 50% chance of rate cut in June
GateNewsBot
BlockBeats News, January 30th, according to CME “Federal Reserve Watch”: The probability of the Federal Reserve cutting interest rates by 25 basis points by March is 15.3%, and the probability of keeping rates unchanged is 84.7%. The probability of a cumulative 25 basis point rate cut by April is 29.7%, with a 67.2% chance of holding rates steady, and a 3.2% chance of a cumulative 50 basis point cut. By June, the probability of a cumulative 25 basis point rate cut is 48.3%, with a 33.7% chance of rates remaining unchanged, and a 16.4% chance of a cumulative 50 basis point cut.
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