CME Fed Watch: The probability of the Fed keeping interest rates unchanged in August is 95.9%

BlockBeats news, on July 29, according to CME "Fed Watch": The probability of the Fed keeping interest rates unchanged in August is 95.9%, and the probability of a 25 basis point rate cut is 4.1%.

The probability of the Fed keeping interest rates unchanged by September is 0%, the probability of a cumulative 25 basis point rate cut is 85.8%, the probability of a cumulative 50 basis point rate cut is 13.8%, and the probability of a cumulative 75 basis point rate cut is 0.4%.