According to Jinshi Data, CME's "Federal Reserve Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged in July is 95.3%, and the probability of a 25 basis point rate cut is 4.7%.
The probability that the Federal Reserve will keep interest rates unchanged in September is 30.6%, the probability of a cumulative rate cut of 25 basis points is 66.2%, and the probability of a cumulative rate cut of 50 basis points is 3.2%.