According to BlockBeats, CME’s FedWatch Tool now shows a lower probability of a Fed rate cut in October after the latest U.S. economic data release:
🔻 25 bps rate cut probability: 83.4% (down from 91.9% yesterday)
🔺 Hold rates steady: 16.6%
Key Data Driving the Shift:
Jobless Claims: 218,000 (lowest since July 19, 2025, vs. 235,000 expected)
Core PCE (Q2, annualized): 2.6% (slightly above 2.5% forecast)
Real GDP (Q2, annualized): 3.8% (above 3.3% expected)
📊 Takeaway: Stronger labor market and hotter-than-expected inflation data are pressuring expectations for aggressive Fed easing.
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#FederalReserve #InterestRates #USMacro #CryptoMarkets #PPIShockwave
