According to PANews, the CME's "FedWatch" tool indicates a 97.4% probability that the Federal Reserve will maintain its current interest rates in July. There is a 2.6% chance of a 25 basis point rate cut. Looking ahead to September, the probability of rates remaining unchanged is 35.9%, while there is a 62.4% chance of a cumulative 25 basis point cut and a 1.6% chance of a cumulative 50 basis point cut.