Federal Reserve Has 82.4% Probability of July Rate Hold, 17.6% Chance of 25bp Hike

According to CME FedWatch, on July 3, the Federal Reserve has an 82.4% probability of keeping rates unchanged in July, with a 17.6% probability of a 25 basis point rate increase.

For September, the Fed has a 46.8% probability of maintaining rates, a 45.6% probability of a cumulative 25bp hike, and a 7.6% probability of a cumulative 50bp increase.

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