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== Market Expectations == | |||
Markets are expecting a rate hike in July with a 98.9% probability, expections for a second rate hike are 18.5% in september and 33.6% in november. <ref>https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html?redirect=/trading/interest-rates/countdown-to-fomc.html</ref> |