CME FedWatch: Probability of 25 Basis Point Rate Cut in July is 18.6%

BlockBeats News, June 29, according to CME's "FedWatch" data, the probability of a 25 basis point rate cut in July is 18.6%, and the probability of no rate change is 81.4%.

The probability of the Fed holding rates steady until September is 8.6%, the cumulative probability of a 25 basis point rate cut is 74.8%, and the cumulative probability of a 50 basis point rate cut is 16.6%.

The dates of the next two FOMC meetings are July 30 and September 17.