Federal Reserve's July Rate Decision Likely to Remain Unchanged

According to BlockBeats, the CME's "FedWatch" tool indicates a 79.3% probability that the Federal Reserve will keep interest rates unchanged in July. There is a 20.7% chance of a 25 basis point rate cut. Looking ahead to September, the probability of maintaining the current rate is 8.2%, while the likelihood of a cumulative 25 basis point cut stands at 73.3%, and a 50 basis point cut is at 18.5%.