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Ahead of the PCE data release, the probability that the Federal Reserve will keep interest rates unchanged in July stands at 65.8%
Svmuu News: According to CME’s “Federal Reserve”: Federal Reserve The probability of the Fed keeping interest rates unchanged in July is 65.8%, while the probability of a cumulative rate hike of 25 basis points is 34.2%. Federal Reserve The probability of rates remaining unchanged through September is 32%, while the probability of a cumulative 25-basis-point rate hike is 50.5% and the probability of a cumulative 50-basis-point rate hike is 17.6%.
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