Here’s what the Fed’s likely going to do the rest of the year, according to investors

• The Fed raised interest rates by 25 basis points Wednesday to reach the 5.25%-5.5% range.
• Policymakers said they will adjust rates on a “meeting-by-meeting” basis as more data comes in.
• Investors expect rates will remain steady for the rest of the year, per CME’s FedWatch Tool.

Odds are, the Federal Reserve won’t make any more interest rate changes the rest of the year. 

At least according to investor bets across the market, as illustrated by CME’s FedWatch Tool.