The probability of the Federal Reserve keeping interest rates unchanged in July is 71.7%

According to CME's "Federal Reserve Watch", the probability of the Federal Reserve keeping interest rates unchanged in July is 71.7%, and the probability of a cumulative 25 basis point rate hike is 28.3%; The probability of the Federal Reserve keeping interest rates unchanged until September is 36.1%, the probability of a cumulative increase of 25 basis points is 49.8%, and the probability of a cumulative increase of 50 basis points is 14.1%.