The probability of the Federal Reserve keeping interest rates unchanged in July has dropped to 83.5%

According to Jinshi Data reports, Federal Reserve Governor Waller made dovish remarks last night. According to CME's 'FedWatch', the probability of the Federal Reserve keeping interest rates unchanged in July has dropped to 83.5%, and the probability of a 25 basis point rate cut is 16.5%.

The probability of the Federal Reserve keeping interest rates unchanged in September is 29%, the probability of a cumulative rate cut of 25 basis points is 60.2%, and the probability of a cumulative rate cut of 50 basis points is 10.8%.