The probability of the Federal Reserve keeping interest rates unchanged in August is 88.6%.
CME's "Fed Watch": The probability of the Fed keeping interest rates unchanged in August is 88.6%, and the probability of a 25 basis point rate cut is 11.4%. The probability of the Fed keeping interest rates unchanged until September is 33.7%, the probability of a cumulative 25 basis point rate cut is 59.3%, and the probability of a cumulative 50 basis point rate cut is 7%.
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