CME FedWatch: Probability of a Total 25 Basis Point Rate Cut by September Rises to 63.1%

BlockBeats News, July 16 — According to CME "FedWatch" data, there is a 4.7% probability of a 25 basis point rate cut in July, while the probability of keeping rates unchanged is 95.3%.

The probability that the Federal Reserve will keep rates unchanged through September is 33.9%, with a 63.1% chance of a cumulative 25 basis point rate cut, and a 3% chance of a cumulative 50 basis point rate cut.

The next two FOMC meetings are scheduled for July 30 and September 17.