CME "FedWatch": Probability of a Fed rate cut in July is 14.5%

According to Jinshi Data, CME "FedWatch" shows: the probability that the Federal Reserve will keep rates unchanged in July is 85.5%, the probability of a cumulative 25 basis point rate cut is 14.5%, and the probability of a cumulative 50 basis point rate cut is 0%. By September, the probability of keeping rates unchanged is 32.8%, the probability of a cumulative 25 basis point rate cut is 58.2%, and the probability of a cumulative 50 basis point rate cut is 8.9%. By December, the probability of keeping rates unchanged is 5.5%, the probability of a cumulative 25 basis point rate cut is 26.0%, the probability of a cumulative 50 basis point rate cut is 41.3%, the probability of a cumulative 75 basis point rate cut is 24.1%, and the probability of a cumulative 100 basis point rate cut is 3.0%.