The probability of the Federal Reserve maintaining the same interest rate in August is 95.3%

According to CME's "Fed Watch": The probability of the Federal Reserve keeping interest rates unchanged in August is 95.3%, and the probability of a rate cut by 25 basis points is 4.7%. The likelihood that the Fed will keep interest rates steady until September is 26.7%, with a cumulative chance of a rate cut by 25 basis points at 70.0% and a cumulative chance of a rate cut by 50 basis points at 3.3%.