Futures Contracts Linked to Fed Policy Rates Show Increased Rate Cut Probability

According to Odaily, futures contracts tied to the Federal Reserve's policy rates have rebounded following the announcement of the interest rate decision. The current pricing indicates a 30% probability that the Fed will cut rates by 25 basis points as early as June, slightly higher than the earlier estimate of 27%. Based on futures prices, there is approximately a 75% chance of a rate cut by July.