The probability of the Federal Reserve keeping interest rates unchanged in July is 70.1%, and the probability of a rate hike in September has increased

According to Jinshi reports, CME's "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged in July is 70.1%, while the probability of a cumulative rate hike of 25 basis points is 29.9%. By September, the probability of keeping interest rates unchanged drops to 37.2%, while the probability of a cumulative rate hike of 25 basis points rises to 48.8%, and the probability of a cumulative rate hike of 50 basis points is 14.1%.