The probability of the Federal Reserve maintaining interest rates in August is 92.2%
According to CME's "FedWatch": The probability of the Fed maintaining interest rates in August is 92.2%, while the probability of a 25 basis point rate cut is 7.8%. The probability of the Fed maintaining interest rates in September is 0.0%, with a cumulative 25 basis point rate cut probability of 90.4%, a cumulative 50 basis point rate cut probability of 9.4%, and a cumulative 75 basis point rate cut probability of 0.2%
According to CME's "Fed Watch" tool on July 17th, the probability of the Fed maintaining interest rates in August is 92.2%, while the probability of a 25 basis point rate cut is 7.8%. The probability of the Fed keeping rates unchanged in September is 0.0%, with a cumulative 25 basis point rate cut probability at 90.4%, a cumulative 50 basis point rate cut probability at 9.4%, and a cumulative 75 basis point rate cut probability at 0.2%