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The probability of the Fed raising interest rates by 25bp in July has not changed much – XMDailyFX

The probability of the Fed raising interest rates by 25bp in July has not changed much

July 7th, according to CME “Fed Watch”: The probability that the Fed will keep interest rates unchanged at 5.00%-5.25% in July is 5.1%, and the probability of raising interest rates by 25 basis points to the range of 5.25%-5.50% is 94.9%; The probability of keeping interest rates unchanged by September is 3.7%, the probability of accumulatively raising interest rates by 25 basis points is 69.7%, and the probability of accumulatively raising interest rates by 50 basis points is 26.6%.

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