The probability of the Federal Reserve maintaining its interest rates unchanged in July is 82.4%

According to CME's "Fed Watch," the probability of the Fed keeping rates unchanged in July is 82.4%, with a 17.6% probability of a cumulative 25 basis point rate hike. The probability of the Fed maintaining rates unchanged until September is 46.8%, with a 45.6% probability of a cumulative 25 basis point rate hike and a 7.6% probability of a cumulative 50 basis point rate hike.