Probability of Fed maintaining interest rate unchanged in July stands at 74.3%

Odaily reports that the probability of the Federal Reserve maintaining interest rates unchanged in July stands at 74.3%, while the probability of a cumulative 25-basis-point rate hike is 25.7%. For September, the probability of the Fed keeping rates unchanged is 42.9%, the probability of a cumulative 25-basis-point hike is 46.2%, and the probability of a cumulative 50-basis-point hike is 10.8%.