After FOMC Statement: Probability of Fed Rate Cut in July Slightly Cools to 10.3%
According to CME "FedWatch": There is an 89.7% probability that the Federal Reserve will keep interest rates unchanged in July, a 10.3% probability of a cumulative 25 basis point rate cut, and a 0% probability of a cumulative 50 basis point rate cut. For September, there is a 31.7% probability that rates will remain unchanged, a 61.7% probability of a cumulative 25 basis point rate cut, and a 6.7% probability of a cumulative 50 basis point rate cut.
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