CME Fed Watch: The probability of a 25 basis point rate cut in July is 5.2%

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On July 13, according to CME "Fed Watch" data, the probability of a 25 basis point rate cut in July is 5.2%, while the probability of maintaining the current interest rate is 94.8%.

The probability of the Federal Reserve maintaining interest rates until September is 39.6%, with a 57.4% probability of cumulative 25 basis point rate cuts, and a 3% probability of cumulative 50 basis point rate cuts.

The next two FOMC meeting dates for the Federal Reserve are July 30 and September 17.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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