There is a 94.8% probability that the Federal Reserve will keep interest rates unchanged in July

According to CME "FedWatch" reported by Jinse Finance, there is a 94.8% probability that the Federal Reserve will keep interest rates unchanged in July, and a 5.2% probability of a 25 basis point rate cut. For September, the probability of rates remaining unchanged is 36.9%, the probability of a cumulative 25 basis point rate cut is 60.0%, and the probability of a cumulative 50 basis point rate cut is 3.2%.