The probability of the Federal Reserve maintaining interest rates unchanged in August is 93.3%
According to CME's "Fed Watch": The probability of the Fed maintaining interest rates in August is 93.3%, with a 6.7% probability of a 25 basis point rate cut. The probability of the Fed maintaining interest rates in September is 5.6%, with an 88.1% probability of a cumulative 25 basis point rate cut, and a 6.3% probability of a cumulative 50 basis point rate cut
According to CME's "Fed Watch" on July 15th, the probability of the Fed maintaining interest rates in August is 93.3%, while the probability of a 25 basis point rate cut is 6.7%. The probability of the Fed keeping rates unchanged in September is 5.6%, with an accumulated 25 basis point rate cut probability of 88.1% and an accumulated 50 basis point rate cut probability of 6.3%