[Market Bets Shift Dramatically After Fed Decision, Market Actively Pricing in Two Rate Hikes by Year-End] Golden Finance reports, on June 18, according to CME 'FedWatch': The probability of the Federal Reserve maintaining rates unchanged by July is 64.0% (prior to the decision: 91.0%), the probability of a cumulative 25 basis point rate hike is 35.1% (prior to the decision: 8.9%), and the probability of a cumulative 50 basis point rate hike is 1% (prior to the decision: 0%). The probability of the Federal Reserve maintaining rates unchanged by December is 14.2% (prior to the decision: 38.2%), the probability of a cumulative 25 basis point rate hike is 36.4% (prior to the decision: 43.0%), the probability of a cumulative 50 basis point rate hike is 33.8% (prior to the decision: 16.2%), the probability of a cumulative 75 basis point rate hike is 13.5% (prior to the decision: 2.4%), and the probability of a cumulative 100 basis point rate hike is 2.1% (prior to the decision: 0.1%).