CPI data released, probability of Fed keeping rates unchanged in July is 83.4%

According to Odaily Planet Daily, CME "FedWatch" shows: The probability of the Federal Reserve keeping interest rates unchanged in July is 83.4%, and the probability of a cumulative 25-basis-point rate hike is 16.6%. The probability of the Fed keeping rates unchanged in September is 40.3%, the probability of a cumulative 25-basis-point rate hike is 51.1%, and the probability of a cumulative 50-basis-point rate hike is 8.6%.