99.8% the FED will raise 0.25% rate on July 2023

Traders discussion corner
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According to the CME Group data, there is 99.9% chance that the interest be increased by 0.25% by FED.

Seem like it is another tough month for crypto.

Screenshot 2023-07-26 at 13.58.19
Screenshot 2023-07-26 at 13.58.191354×1062 85.8 KB 

                                    Sources: Yahoo Finance

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If the interest not changing (0.2%), probably it is due to FED requires time to assess the effectiveness of policies.

Normally, they can have varying impacts on the economy, sometimes leading to a neutral or uncertain direction.

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Result came, +0.25% could make the market more tough.