After the FOMC statement, the probability of a Fed rate hike in September has decreased.
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Glonghui, July 30 | According to CME "FedWatch": The probability that the Federal Reserve will keep interest rates unchanged until September is 36.8%, the probability of a cumulative rate hike of 25 basis points is 63.2%, and the probability of a cumulative rate hike of 50 basis points is 0%. The probability that the Federal Reserve will keep interest rates unchanged until October is 26.2%, the probability of a cumulative rate hike of 25 basis points is 55.6%, the probability of a cumulative rate hike of 50 basis points is 18.2%, and the probability of a cumulative rate hike of 75 basis points is 0%.
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