According to Jinshi data reports, the CME 'FedWatch' 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 of the Federal Reserve keeping interest rates unchanged in September is 35.3%, the cumulative probability of a 25 basis point rate cut is 61.8%, and the cumulative probability of a 50 basis point rate cut is 2.9%.