The probability of the Federal Reserve keeping interest rates unchanged is 69.5%, and the probability of a rate hike in September has increased

According to Jinshi, the CME "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged in July is 69.5%, while the probability of a cumulative rate hike of 25 basis points is 30.5%. By September, the probability of keeping interest rates unchanged drops to 23.4%, while the probability of a cumulative rate hike of 25 basis points rises to 56.4%, and the probability of a cumulative rate hike of 50 basis points is 20.2%.