The probability of the Fed keeping interest rates unchanged in July is 66.3%

According to CME's "FedWatch," the probability of the Federal Reserve keeping interest rates unchanged in July is 66.3%, while the probability of a cumulative 25 basis point rate hike is 33.7%. The probability of the Federal Reserve keeping interest rates unchanged in September is 31%, the probability of a cumulative 25 basis point rate hike is 51.1%, and the probability of a cumulative 50 basis point rate hike is 18%.