The probability of the Federal Reserve raising interest rates by 25 basis points in July is close to 100%
ChainCatcher news, according to CME FedWatch: The probability that the Federal Reserve will keep the interest rate unchanged at 5.00%-5.25% in July is 0.2%, while the probability of raising the rate by 25 basis points to the range of 5.25%-5.50% is 99.8%; by September, the probability of keeping the rate unchanged is 0.7%, the probability of a cumulative increase of 25 basis points is 86.4%, and the probability of a cumulative increase of 50 basis points is 12.9%.
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