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CME data shows Fed's July and September interest rate forecasts

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According to CME's "Federal Reserve Watch", the probability of the Federal Reserve keeping interest rates unchanged in July is 74.3%, and the probability of a cumulative 25 basis point rate hike is 25.7%; The probability of the Federal Reserve keeping interest rates unchanged until September is 42.9%, the probability of a cumulative increase of 25 basis points is 46.2%, and the probability of a cumulative increase of 50 basis points is 10.8%.

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