The probability of the Fed leaving interest rates unchanged in July rose to 97.4%
According to online reports, according to CME's "Federal Reserve Observation": After the CPI data was released, the probability of the Federal Reserve leaving interest rates unchanged in July was 97.4%, and the probability of cutting interest rates by 25 basis points was 2.6%. The probability that the Federal Reserve will keep interest rates unchanged in September is 38.6%, the probability of cutting interest rates by 25 basis points is 59.9%, and the probability of cutting interest rates by 50 basis points is 1.6%.
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