According to CME's "Federal Reserve Watch", the probability of the Federal Reserve keeping interest rates unchanged in July is 66.3%, and the probability of a cumulative 25 basis point rate hike is 33.7%; The probability of the Federal Reserve keeping interest rates unchanged until September is 33.1%, the probability of a cumulative increase of 25 basis points is 50.0%, and the probability of a cumulative increase of 50 basis points is 16.9%.
