The probability of the Federal Reserve keeping interest rates unchanged this week is 97.4%.

According to CME's "Fed Watch," the probability of the Fed keeping rates unchanged in July is 97.4%, with a 2.6% probability of a 25 basis point rate cut. The probability of the Fed keeping rates unchanged in September is 34.6%, with a 63.7% probability of a cumulative 25 basis point rate cut, and a 1.7% probability of a cumulative 50 basis point rate cut.