CME FedWatch: Probability of 25 Basis Point Rate Cut in July is 5.2%

BlockBeats News, July 13th, according to CME's "FedWatch" data, the probability of a 25 basis point interest rate cut in July is 5.2%, and the probability of keeping rates unchanged is 94.8%.

The probability of the Fed keeping rates unchanged until September is 39.6%, the probability of a cumulative 25 basis point cut is 57.4%, and the probability of a cumulative 50 basis point cut is 3%.

The dates of the Fed's next two FOMC meetings are July 30th and September 17th.