94.3% probability that the Fed will leave rates unchanged in August
According to the CME "Fed Watch": the probability that the Fed will keep interest rates unchanged in August is 94.3%, and the probability of a 25 basis point cut is 5.7%. The probability that the Fed will keep interest rates unchanged until September is 27.4%, the probability of a cumulative 25 basis point cut is 68.6%, the probability of a cumulative 50 basis point cut is 4.0%.
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.
You may also like
Market focuses on Federal Reserve meeting minutes as uncertainty over interest rate direction intensifies
Data: A certain whale withdrew 2,450 ETH from a certain exchange within 1 hour, worth approximately $7.91 million.