The probability that the Federal Reserve will keep interest rates unchanged in July is 82.4%.
Golden Ten Data reported on July 3 that, according to CME “FedWatch”: the probability that the Federal Reserve will keep interest rates unchanged in July is 82.4%, while the probability of a cumulative 25 basis point rate hike is 17.6%. The probability that the Federal Reserve will keep rates unchanged until September is 46.8%, the probability of a cumulative 25 basis point rate hike is 45.6%, and the probability of a cumulative 50 basis point rate hike is 7.6%.
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