After the CPI data was released, the probability that the Federal Reserve will keep interest rates unchanged in July is 83.4%.

Golden Finance reported on July 14, according to CME “FedWatch”: the probability that the Federal Reserve will keep interest rates unchanged through July is 83.4%, and the probability of cumulative rate hikes of 25 basis points is 16.6%. The probability that the Federal Reserve will keep interest rates unchanged through September is 40.3%, the probability of cumulative rate hikes of 25 basis points is 51.1%, and the probability of cumulative rate hikes of 50 basis points is 8.6%.
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