93.3% probability that the Fed will leave rates unchanged in August

The probability that the Fed will leave rates unchanged in August is 93.3%, and the probability of a 25 basis point rate cut is 6.7%. The probability that the Fed will leave rates unchanged through September is 0%, the probability of a cumulative 25 basis point cut is 89.6%, the probability of a cumulative 50 basis point cut is 10.2%, and the probability of a cumulative 75 basis point cut is 0.3%.