CME FedWatch Shows 88.8% Chance of July Rate Hold

CME FedWatch shows an 88.8% probability that the Federal Reserve will keep rates unchanged in July, with an 11.2% chance of a 25-basis-point hike. According to ChainCatcher, the probability of no change by September is 48.8%, while the chances of a cumulative 25-basis-point hike and a 50-basis-point hike stand at 46.2% and 5.1%, respectively.