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Market expectations for interest rate cuts by the Federal Reserve have fluctuated recently. The odds of a rate cut in June have varied from just 1% to as high as 75%, with different sources providing varying probabilities. The market is currently pricing in a 69.6% chance of a rate cut in June, according to the CME FedWatch Tool.
June FOMC rate cut odds are now up to 69% 👀 https://t.co/o5WVTDe9v2
Mr. Market actually increased the odds of June cut after this FOMC statement. I'm not as certain but it is what it is.... https://t.co/DK4xTOYRC1
Very early reaction to Fed has taken cut(s) by June odds back to 73.2% from 59.10% Tuesday. https://t.co/MVZGB9Dr3U