The probability of the Fed keeping interest rates unchanged in July is 65.8%

According to the CME "FedWatch": The probability of the Fed maintaining the current interest rate in July is 65.8%, while the probability of a cumulative 25-basis-point rate hike is 34.2%. The probability of the Fed keeping rates unchanged in September is 33.6%, the probability of a cumulative 25-basis-point rate hike is 49.7%, and the probability of a cumulative 50-basis-point rate hike is 16.7%. (Jin Shi)