The probability that the Fed will keep interest rates unchanged in July is nearly 90%

On July 16, according to CME's "Federal Reserve Observation": The probability of the Federal Reserve keeping interest rates unchanged in July is 88.8%, and the probability of raising interest rates by a cumulative 25 basis points is 11.2%. The probability that the Federal Reserve will keep interest rates unchanged until September is 51.2%, the probability of raising interest rates by 25 basis points is 44%, and the probability of raising interest rates by 50 basis points is 4.7%.