The Federal Reserve will announce its interest rate decision tonight, with only a 2.1% probability of a rate cut in July.

BlockBeats News, July 30th: The Federal Reserve will announce its interest rate decision tonight (2 am Beijing time on July 31st), and Fed Chair Powell will hold a post-meeting press conference 30 minutes later.

According to CME's "FedWatch" data, the probability of a 25 basis point rate cut in July is 2.1%, while the probability of no rate change is 97.9%.