Probability of the US Federal Reserve's interest rate decrease on March 19 - 3%. This was not a surprise, but the fact that after the publication of positive consumer inflation data this figure dropped from 4% to 3% - is interesting.

How to explain this? Perhaps the market interpreted the published data as a factor reducing the need for policy easing in the near term. But, let's say, it's not the most obvious conclusion.
Nevertheless, both the stock and crypto markets - are currently declining. For #BTC, the morning low has been updated. pGiP will be reorganized. But for now, on the hourly timeframe, the price is in a stable uptrend - the idea of growth - remains strong. An alert has been set, let's see.

Let us remind you that this data from #CMEGroup is not some kind of survey. The FedWatch Tool from CMEGroup analyzes futures on Fed rates to predict the probabilities of changes in the federal funds target rate at future Fed meetings. That is, the forecasts are based on market expectations and contract prices for futures.
So far, the consensus expectation is a decrease no earlier than June 18.






