CME Federal Reserve observation shows probability of interest rate forecasts for July and September

According to CME's "Federal Reserve Watch", the probability of the Federal Reserve keeping interest rates unchanged in July is 88.8%, and the probability of a cumulative 25 basis point rate hike is 11.2%; The probability of the Federal Reserve keeping interest rates unchanged until September is 48.8%, 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 5.1%.