After the June 17 dot plot, CME FedWatch showed a hike embedded in the Fed's own projections and markets pricing roughly two-thirds (~66%) odds of at least one 25bp hike by December - a step down from the "essentially fully priced" December hike of early June, as the oil collapse eased the near-term passthrough even while the Fed turned structurally hawkish.
Provenance — node opacity = source trust
- Evidence Strength
Moderate
- Evidence Observed At
- Jun 26, 2026 · 8:00 PM UTC
- Citation
- https://www.cnbc.com/2026/06/17/fed-interest-rate-decision-june-2026.html
- Citation Source
cnbc
- Market Metric
Rate Path Expectations
- Observed Value
- 0.66