CME FedWatch: Markets See Over 67% Chance of Fed Rate Hikes by Year-End

BlockBeats reported on May 24 that CME FedWatch data shows a 32.1% probability the Federal Reserve keeps rates unchanged by December. The odds of cumulative hikes stand at 42.5% for 25 basis points, 20.6% for 50 basis points, 4.4% for 75 basis points, and 0.4% for 100 basis points.