CME Group FedWatch: market expectations for a June interest rate increase of 63.1%

FXStreet – According to the Barometer of CME FedWatch, the courses to signal to the futures markets, investors estimate the probability of a rate rise in June to 63.1 per cent to 67.6 per cent previously. Mixed economic data from the United States, burdened by the expectations of interest rate hikes.

According to a first estimate of the US Bureau for economic analysis the American economy grew in the first quarter of 2017 only 0.7 percent. Bank economists had expected a 1.0 percent increase. The record had little effect on the financial markets. This was the lowest growth clip since 2014. A low consumption together with higher imports, the main stress factors were.

** FXStreet News Editorial, FXStreet**

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