The probability that the Federal Reserve will keep interest rates unchanged in July before the CPI data is released is 63.1%.

According to CME “FedWatch”: the probability that the Federal Reserve will keep interest rates unchanged through July is 63.1%, and the probability of cumulative rate hikes of 25 basis points is 36.9%. The probability that the Federal Reserve will keep interest rates unchanged through September is 28.3%, the probability of cumulative rate hikes of 25 basis points is 51.4%, and the probability of cumulative rate hikes of 50 basis points is 20.4%.
CME-0.62%
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