Countdown to the Fed Decision: Just 4 Days Left
All eyes are on the upcoming FOMC meeting, set to announce its interest rate decision this Thursday, June 19 at 2 AM Beijing time.
๐ According to CMEโs FedWatch Tool:
The probability of a 25bps rate cut in June: 0.4%
The probability of the Fed holding rates steady: 99.6%
๐ Markets are overwhelmingly pricing in a pause, with virtually no expectation of easing this month. The macro landscape remains tense