The probability that the Federal Reserve will keep interest rates unchanged in July is 69.5%.
Golden Ten Data reported on June 29 that, according to CME "FedWatch": the probability of the Federal Reserve keeping interest rates unchanged in July is 69.5%, while the probability of a cumulative 25 basis point rate increase is 30.5%. The probability of the Federal Reserve keeping interest rates unchanged until September is 40.4%, the probability of a cumulative 25 basis point rate increase is 46.9%, and the probability of a cumulative 50 basis point rate increase is 12.8%.
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