The probability of the Federal Reserve keeping interest rates unchanged in August is 93.3%.

Odaily2024/07/08 01:47

By:Odaily

Odaily News According to CMEs Fed Watch data, the probability of the Fed keeping interest rates unchanged in August is 93.3%, and the probability of a 25 basis point rate cut is 6.7%. The probability of the Fed keeping interest rates unchanged in September is 22.4%, the probability of a cumulative 25 basis point rate cut is 72.5%, and the probability of a cumulative 50 basis point rate cut is 5.1%.

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