There is a 97.4% probability that the Federal Reserve will keep interest rates unchanged this week
According to CME "FedWatch" as reported by Jinse Finance: there is a 97.4% probability that the Federal Reserve will keep interest rates unchanged in July, and a 2.6% probability of a 25 basis point rate cut. For September, the probability of rates remaining unchanged is 35.9%, the probability of a cumulative 25 basis point rate cut is 62.4%, and the probability of a cumulative 50 basis point rate cut is 1.6%. (Jin10)
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