Federal Reserve's July Rate Decision Likely to Remain Unchanged

According to BlockBeats, data from CME's FedWatch indicates a 94.8% probability that the Federal Reserve will maintain its current interest rates in July, with a 5.2% chance of a 25 basis point rate cut. Looking ahead to September, the probability of the Federal Reserve keeping rates unchanged stands at 35.9%. There is a 60.9% chance of a cumulative 25 basis point rate cut, and a 3.2% chance of a cumulative 50 basis point reduction.