Before the release of the PCE data, the probability that The Federal Reserve (FED) will maintain the Intrerest Rate unchanged in July is 79.3%.

Odaily News According to CME’s “The Federal Reserve (FED) Watch”: The probability of the Federal Reserve maintaining the Intrerest Rate in July is 79.3%, while the probability of a 25 basis point rate cut is 20.7%. The probability of the Federal Reserve maintaining the Intrerest Rate in September is 8.2%, the cumulative probability of a 25 basis point rate cut is 73.3%, and the cumulative probability of a 50 basis point rate cut is 18.5%. (Jin10)

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