Federal Reserve's July Rate Decision Likely to Remain Unchanged

According to BlockBeats, data from CME's "FedWatch" indicates a 93.3% probability that the Federal Reserve will maintain interest rates unchanged in July, following the release of the June meeting minutes. This probability remains consistent with the previous day's figures.

However, the likelihood of the Federal Reserve keeping rates unchanged in September has decreased to 28.1%, down from 35.4% the day before. Meanwhile, the probability of a 25 basis point rate cut has increased from 60.8% to 67.2%.