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There is an 88.8% probability that the Federal Reserve will keep interest rates unchanged in July.
Svmuu News: According to CME’s “FedWatch” data, the probability that the Federal Reserve will keep interest rates unchanged in July is 88.8%, while the probability of a cumulative rate hike of 25 basis points is 11.2%. The probability that the Fed will keep interest rates unchanged through September is 51.2%, while the probability of a cumulative 25-basis-point rate hike is 44%, and the probability of a cumulative 50-basis-point rate hike is 4.7%.
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