Federal Reserve Holds Rates Steady With 73.3% Probability in July, CME FedWatch Shows

According to CME FedWatch, as of July 8, the probability of the Federal Reserve holding interest rates steady at its July meeting is 73.3%. For the September meeting, there is a 32.4% probability of no rate change and a 52.7% probability of a cumulative 25 basis points rate increase.
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