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CME FedWatch: Probability of 25 Basis Point Rate Cut in July is 5.2%
BlockBeats News, July 13th, according to CME's "FedWatch" data, the probability of a 25 basis point interest rate cut in July is 5.2%, and the probability of keeping rates unchanged is 94.8%.
The probability of the Fed keeping rates unchanged until September is 39.6%, the probability of a cumulative 25 basis point cut is 57.4%, and the probability of a cumulative 50 basis point cut is 3%.
The dates of the Fed's next two FOMC meetings are July 30th and September 17th.
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