Probability of Fed Keeping Rates Unchanged in July at 62.6%

As of June 24, according to CME's 'FedWatch': The probability of the Federal Reserve maintaining interest rates unchanged in July is 62.6%, while the probability of a cumulative increase of 25 basis points is 37.4%. The probability of the Fed keeping rates unchanged until September is 29.8%, with a cumulative increase of 25 basis points at 50.6%, and a cumulative increase of 50 basis points at 19.6%.