The probability of the Federal Reserve keeping interest rates unchanged in July is 95.3%.

date
23/07/2025
According to CME's "Fed Watch": The probability of the Fed keeping rates unchanged in July is 95.3%, with a 4.7% probability of a 25 basis point rate cut. The probability of the Fed keeping rates unchanged in September is 40.3%, with a 57% probability of a cumulative 25 basis point rate cut and a 2.7% probability of a cumulative 50 basis point rate cut.