The probability of the Federal Reserve keeping interest rates unchanged in September has increased after the release of ADP and GDP data in the United States.
According to CME's "FedWatch," the probability of the Federal Reserve keeping interest rates unchanged in July is 97.9%, with a 2.1% probability of a 25 basis point rate cut. The probability of the Fed keeping interest rates unchanged in September is 37.9%, with a cumulative 25 basis point rate cut probability of 60.9% and a cumulative 50 basis point rate cut probability of 1.3%.
Latest