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%.

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