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📅 July 3, 7:00 – July 9,
Market expectations for The Federal Reserve (FED) to maintain the Intrerest Rate in July have decreased.
According to Gate News bot, data released by CME's "Federal Reserve Watch" on July 2 shows that the market's expectation probability for the Federal Reserve to maintain the interest rate unchanged in July has fallen to 78.8%, while the possibility of a 25 basis point rate cut is 21.2%.
Looking ahead to September, data suggests that the probability of the Federal Reserve maintaining the interest rate unchanged is only 8.9%. In contrast, the probability of a cumulative rate cut of 25 basis points is as high as 72.3%, while the likelihood of a cumulative cut of 50 basis points is 18.8%.