After the release of CPI, the probability that the Federal Reserve will keep the interest rates unchanged in July has increased to 97.4%.

According to CME's "Fed Watch": After the announcement of CPI data, the probability of the Fed maintaining interest rates in July is 97.4%, while the probability of a 25 basis point rate cut is 2.6%. The probability of the Fed maintaining interest rates in September is 38.6%, the cumulative probability of a 25 basis point rate cut is 59.9%, and the cumulative probability of a 50 basis point rate cut is 1.6%.