CME Group FedWatch: likelihood of interest rate rise in June, jumping more than 80%

FXStreet – The CME Group FedWatch Tool, which is the entry increases the probabilities of Prime rate, the Federal Reserve calculated that indicates that the probability of a rate increase in June, rising from 71.8 percent on Thursday, at 83.1 percent on Friday. The good labour market data from the United States were considered as a confirmation for an interest-rate tightening.

** FXStreet News Editorial, FXStreet**

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