The probability of the Federal Reserve keeping interest rates unchanged in July has risen to 97.4%

According to a report by Golden Finance, according to CME's "Federal Reserve Watch", after the release of CPI data, the probability of the Federal Reserve keeping interest rates unchanged in July is 97.4%, and the probability of cutting interest rates by 25 basis points is 2.6%. The probability of the Federal Reserve keeping interest rates unchanged in September is 38.6%, the probability of a cumulative 25 basis point rate cut is 59.9%, and the probability of a cumulative 50 basis point rate cut is 1.6%.