The probability of the Federal Reserve maintaining the same interest rate in August is 90.7%
According to CME's "Fed Watch", the probability of the Federal Reserve keeping interest rates unchanged in August is 90.7%, and the probability of a rate cut by 25 basis points is 9.3%. The likelihood that the Fed will keep interest rates steady until September is 39%, while there's a cumulative chance of a rate cut by 25 basis points at 55.7% and a cumulative chance for a reduction by 50 basis points at 5.3%.
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