📉 CME FedWatch (as of June 2):

🗓️ 17 days to next FOMC meeting

🔸 Only 4.6% chance of a 25bps rate cut in June

🔸 95.4% chance of holding rates steady

Looking ahead to July:

Hold: 73.7%

25bps cut: 25.2%

50bps cut: just 1%

💡 Takeaway: The market sees no near-term easing, implying high-rate pressure on risk assets like crypto and tech stocks may persist into Q3.

#fomc #FedWatch70