95.3% probability that the Fed will leave rates unchanged in August
According to the CME "Fed Watch": the probability that the Fed will keep interest rates unchanged in August is 95.3%, and the probability of a 25 basis point cut is 4.7%. The probability that the Fed will keep interest rates unchanged until September is 26.7%, the probability of a cumulative rate cut of 25 basis points is 70.0%, and the probability of a cumulative rate cut of 50 basis points is 3.3%.
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