CME FedWatch: Probability of a 25 basis point rate cut in July is 5.2%

BlockBeats News, July 13 — According to CME "FedWatch" data, there is a 5.2% probability of a 25 basis point rate cut in July, while the probability of keeping rates unchanged is 94.8%.

The probability that the Federal Reserve will keep rates unchanged through September is 39.6%, with a 57.4% chance of a cumulative 25 basis point rate cut, and a 3% chance of a cumulative 50 basis point rate cut.

The next two FOMC meetings are scheduled for July 30 and September 17.