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After the CPI release, the market reduced its bets on the Federal Reserve raising interest rates.

2026-06-10 12:42:57

BlockBeats News, June 10 — After the CPI release, short-term interest rate futures showed that the market has reduced its bets on a Federal Reserve rate hike.

According to CME FedWatch, the probability of the Federal Reserve keeping interest rates unchanged at this month’s meeting is 98.2%. By the end of the year, the likelihood of a rate hike has decreased to 68.5%.

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