The probability of the Federal Reserve holding rates steady in July is 79% according to market bets on Kalshi.
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Foresight News reports that the latest data from kalshi shows the market is betting on a 79% probability that the Federal Reserve will hold rates steady in July this year, a 20% probability of a 25 basis point rate hike, and only a 2% probability of a 25 basis point rate cut.
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