There is a 97.4% probability that the Federal Reserve will keep interest rates unchanged in July

According to CME "FedWatch" reported by Jinse Finance, there is a 97.4% probability that the Federal Reserve will keep interest rates unchanged in July, and a 2.6% probability of a 25 basis point rate cut. For September, the probability of rates remaining unchanged is 37.2%, the probability of a cumulative 25 basis point rate cut is 61.2%, and the probability of a cumulative 50 basis point rate cut is 1.6%.