The probability that the Federal Reserve will keep interest rates unchanged in July is close to 90%.

Gold News reported on July 16, according to CME “FedWatch”: the probability that the Federal Reserve will keep interest rates unchanged in July is 88.8%, and the probability of cumulative rate hikes of 25 basis points is 11.2%. The probability that the Federal Reserve will keep interest rates unchanged through September is 51.2%, the probability of cumulative rate hikes of 25 basis points is 44%, and the probability of cumulative rate hikes of 50 basis points is 4.7%.
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