The probability that the Federal Reserve will keep interest rates unchanged is 69.5%, while the probability of a rate hike in September has increased.
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ChainCatcher news, according to Golden Ten Data, CME "FedWatch" shows that the probability of the Federal Reserve keeping rates unchanged in July is 69.5%, while the probability of a cumulative rate hike of 25 basis points is 30.5%. By September, the probability of keeping rates unchanged drops to 23.4%, the probability of a cumulative 25 basis point hike rises to 56.4%, and the probability of a cumulative 50 basis point hike is 20.2%.
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