The probability of the Federal Reserve maintaining the same interest rate in August is 89.7%

According to CME's "Fed Watch": The probability of the Federal Reserve keeping interest rates unchanged in August is 89.7%, and the probability of a rate cut by 25 basis points is 10.3%. The likelihood that the Fed will keep interest rates steady until September is 35.9%, with a cumulative chance of a rate cut by 25 basis points at 57.9% and a cumulative chance of a rate cut by 50 basis points at 6.2%.