BlockBeats reported on July 21 that according to CME's 'Fed Watch': the probability that the Federal Reserve will keep interest rates unchanged in July is 95.3%, and the probability of a 25 basis point cut is 4.7%.
The probability that the Federal Reserve will keep interest rates unchanged in September is 39.3%, the probability of a cumulative rate cut of 25 basis points is 58%, and the probability of a cumulative rate cut of 50 basis points is 2.7%.