After the FOMC statement: The probability of the Fed cutting interest rates in July has slightly decreased to 10.3%

Odaily News According to CME's "Fed Watch": the probability of the Fed keeping interest rates unchanged in July is 89.7%, the probability of a cumulative 25 basis point rate cut is 10.3%, and the probability of a cumulative 50 basis point rate cut is 0%. The probability of the Fed keeping interest rates unchanged in September is 31.7%, the probability of a cumulative 25 basis point rate cut is 61.7%, and the probability of a cumulative 50 basis point rate cut is 6.7%.