The CME Group’s FedWatch tool indicates a 23.2% probability of an interest rate cut at the next Federal Open Market Committee (FOMC) meeting. This tool has become a key resource for analyzing interest rate expectations in real-time, as market participants grapple with uncertainty regarding Federal Reserve actions amidst mixed economic signals. The FOMC’s decisions continue to be guided by the need to balance inflation control with fostering economic growth.
CME Group shows 23.2% chance of rate cut at next FOMC meeting
