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CME: Market predicts over 30% probability of interest rate hike before December

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According to CME's "Federal Reserve Watch", the market has calculated that the probability of a rate hike before December exceeds 30%. The US PPI rose 1.4% in April, higher than the expected 0.5%, indicating stronger than expected inflationary pressure. The market believes that it is more difficult to prove the rationality of the Federal Reserve's interest rate cuts this year.

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Today 2026-05-13
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