CME Fedwatch Indicates Possibility of Rate Hike as Fed Remains Cautious =============== #275a7504 ver:1.61 The CME Fedwatch indicates a possibility of a rate hike as the Fed remains cautious. The recent FOMC meeting minutes revealed a more hawkish tone, with some officials open to further rate hikes if inflation risks persist. The first rate cut is expected in September 2024, but the markets are hinting at a September rate cut. The CME Fedwatch is now factoring in a possible rate hike. The PCE inflation data and Q1-GDP estimate will impact the CME Fedwatch. The hawks in the Fed prefer to be safe than sorry, guiding policy trajectory. #Fed #RateHike #Inflation... #newstr #CmeFedwatch #FomcMinutes #RateHike #RateCut #Inflation #MonetaryPolicy https://here.news/story/275a7504?ver=1.61