CME FedWatch: The probability of a 25 basis point rate cut in July is 5.2%

On July 13, according to CME's "Fed Watch" data, the probability of a 25 basis point rate cut in July is 5.2%, while the probability of keeping the interest rate unchanged is 94.8%. The probability that the Fed will maintain the interest rate unchanged until September is 39.6%, the probability of a cumulative rate cut of 25 basis points is 57.4%, and the probability of a cumulative rate cut of 50 basis points is 3%. The next two FOMC meeting dates are July 30 and September 17.

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