CME FedWatch Tool shows a 69% probability that the Federal Reserve will keep interest rates unchanged in July.

According to CME FedWatch, there is a 69.0% probability that the Federal Reserve will keep rates unchanged in July, and a 31.0% probability of a cumulative 25 basis point rate hike. By September, the probability of the Federal Reserve keeping rates unchanged is 31.1%, the probability of a cumulative 25 basis point hike is 51.9%, and the probability of a cumulative 50 basis point hike is 17.0%.