The probability that the Federal Reserve will hold interest rates steady in July is 63.7%.

According to CME's "Fed Watch", the probability of the Federal Reserve keeping interest rates unchanged in July is 63.7%, while the probability of a cumulative 25 basis points increase is 36.3%. The probability of the Federal Reserve maintaining interest rates unchanged until September is 26.1%, with a 52.5% probability of a cumulative 25 basis points increase, and a 21.4% probability of a cumulative 50 basis points increase.