CME data shows probabilities for the Federal Reserve's interest rate decisions in July and September
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According to CME "Federal Reserve Watch": The probability that the Federal Reserve will keep interest rates unchanged in July is 66.3%, and the probability of a cumulative rate hike of 25 basis points is 33.7%. The probability that the Federal Reserve will keep interest rates unchanged until September is 33.1%, the probability of a cumulative rate hike of 25 basis points is 50.0%, and the probability of a cumulative rate hike of 50 basis points is 16.9%.
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