According to Jinshi data reports, CME's 'Fed Watch' shows that the probability of the Federal Reserve maintaining interest rates in July is 96.9%, and the probability of a 25 basis point rate cut is 3.1%.
The probability of the Federal Reserve maintaining interest rates in September is 35.4%, the cumulative probability of a 25 basis point rate cut is 62.6%, and the cumulative probability of a 50 basis point rate cut is 2.0%.