The probability of the Federal Reserve keeping interest rates unchanged in July is 66.3%, while 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 66.3%, while the probability of a cumulative rate hike of 25 basis points is 33.7%. By September, the probability of keeping interest rates unchanged drops to 33.1%, the probability of a cumulative rate hike of 25 basis points rises to 50%, and the probability of a cumulative rate hike of 50 basis points is 16.9%. These figures are consistent with those released before the ADP announcement.