The probability of the Federal Reserve maintaining interest rates in July is 61.5%, and the expectation for a rate hike in September has increased

According to Jinshi reports, the CME "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged in July is 61.5%, while the probability of a cumulative increase of 25 basis points is 38.5%. By September, the probability of keeping interest rates unchanged drops to 24.9%, the probability of a cumulative increase of 25 basis points rises to 52.2%, and the probability of a cumulative increase of 50 basis points is 22.9%.