The probability that the Federal Reserve will leave interest rates unchanged in August is 91.2 percent

According to the CME "Fed Watch": the probability that the Fed will keep interest rates unchanged in August is 91.2%, and the probability of a 25 basis point cut is 8.8%. The probability that the Fed will keep interest rates unchanged until September is 27.4%, the probability of a cumulative rate cut of 25 basis points is 66.5%, and the probability of a cumulative rate cut of 50 basis points is 6.1%.