The rate of keeping interest rates unchanged continues to rise!
According to experts from the FED Watchtool, the rate of keeping interest rates unchanged in June has reached 89% compared to 72% last week and 22% last month.
Most notably in July, the rate of keeping interest rates unchanged unexpectedly soared to about ~60%. This rate was only 7% last month and unexpectedly reversed strongly in the last 2 days.
Tonight, the CPI report will be released at 7:30 PM. Will the FED continue to be firm when inflation is almost at the level they desire?
