The probability of the Federal Reserve maintaining interest rates unchanged in July is 65.3%

According to CME's "Fed Watch", the probability of the Federal Reserve maintaining interest rates in July is 65.3%, with a probability of a cumulative 25 basis point rate hike at 34.7%. The probability of the Fed maintaining interest rates in September is 22%, with a probability of a cumulative 25 basis point rate hike at 54.9% and a probability of a cumulative 50 basis point rate hike at 23%.