Will the Fed cut rates in July?

According to CME's 'FedWatch':

The probability of a rate cut by the Fed in July is 14.5%, while the probability of maintaining the current rate is 85.5%;

The probability of a 25 basis point cut in September has risen to 58.2%, with 8.9% for a 50 basis point cut;

The cumulative interest rate cut in December has increased, with a 24.1% probability of a 75 basis point cut and 41.3% for a 50 basis point cut.

Market expectations for interest rate cuts in the second half of the year continue to heat up 📉$ETH #美联储FOMC会议