The probability of the Federal Reserve maintaining interest rates in July is 65.8%, and the probability of a rate hike in September is increasing

According to Jinshi reports, CME's "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged in July is 65.8%, while the probability of a cumulative rate hike of 25 basis points is 34.2%. By September, the probability of keeping interest rates unchanged drops to 33.6%, while the probability of a cumulative rate hike of 25 basis points rises to 49.7%, and the probability of a cumulative rate hike of 50 basis points is 16.7%.