WATCH Before Tomorrow's FOMC Meeting | 96% Probability of 75bp Rate Hike

Will we see a 75 basis point rate hike in tomorrow’s FOMC meeting?

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Economists from major WallStreet Firms are betting for a 75bp rate hike in tomorrow's FOMC meeting on Wednesday. This is because the CME FedWatchTool data is showing that there is a 93% probability we see a 75bp rate hike on Monday.

The Federal Reserve is looking to make the aggressive hike of 75bp to of course combat inflation and so that they don't lose their credibility by not handling inflation as they should.

Stop by the channel on Wednesday, June 15th to get a full recap of the FOMC meeting. Don’t wanna miss it!

May CPI Recap: https://www.youtube.com/watch?v=_P0-qCNXmQQ
CME FedWatchTool: https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html
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*Note that I am not a financial advisor and nothing in this video should be taken as financial advice. This video is for entertainment purposes only.*

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