The probability that the Federal Reserve will leave interest rates unchanged in August is 91.1 percent

According to the CME "Fed Watch", the probability that the Fed will keep interest rates unchanged in August is 91.1%, the probability of a 25 basis point cut in interest rates is 8.8%, and the probability of a 50 basis point cut in interest rates is 0.1%. The probability of the Fed keeping rates unchanged through September is 38.3%, the probability of a cumulative 25 basis point cut is 56.6%, and the probability of a cumulative 50 basis point cut is 5.1%.