Ahead of the nonfarm payrolls report, the Federal Reserve's probability of keeping interest rates unchanged in July stands at 68.5%.
Svmuu News: According to CME’s “Federal Reserve”: Federal Reserve The probability of the Fed keeping interest rates unchanged in July is 68.5%, while the probability of a cumulative rate hike of 25 basis points is 31.5%. Federal Reserve The probability of rates remaining unchanged through September is 35.7%, while the probability of a cumulative 25-basis-point rate hike is 49.2%, and the probability of a cumulative 50-basis-point rate hike is 15.1%. Federal Reserve The probability of interest rates remaining unchanged through October is 27.8%; the probability of a cumulative rate hike of 25 basis points is 46.2%; the probability of a cumulative rate hike of 50 basis points is 22.6%; and the probability of a cumulative rate hike of 75 basis points is 3.3%.
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