Probability of Fed Holding Rates Unchanged in July at 58.3%

On July 14, according to CME's 'FedWatch': The probability of the Fed keeping interest rates unchanged in July is 58.3%, and the probability of a cumulative 25-basis-point rate hike is 41.7%. The probability of the Fed keeping rates unchanged by September is 24.9%, the probability of a cumulative 25-basis-point hike is 51.2%, and the probability of a cumulative 50-basis-point hike is 23.9%.