The probability of the Federal Reserve maintaining the same interest rate in August is 89.7%
According to CME's "Fed Watch": The probability of the Federal Reserve keeping interest rates unchanged in August is 89.7%, and the probability of a rate cut by 25 basis points is 10.3%. The likelihood that the Fed will keep interest rates steady until September is 35.9%, with a cumulative chance of a rate cut by 25 basis points at 57.9% and a cumulative chance of a rate cut by 50 basis points at 6.2%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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