Before Nonfarm Payrolls Release, Probability of Fed Keeping Interest Rates Unchanged in July Is 68.5%

CoinFeed July 2 news, according to CME "FedWatch": The probability of the Fed keeping interest rates unchanged in July is 68.5%, and the probability of a cumulative 25 basis point rate hike is 31.5%. The probability of the Fed keeping interest rates unchanged until September is 35.7%, the probability of a cumulative 25 basis point rate hike is 49.2%, and the probability of a cumulative 50 basis point rate hike is 15.1%. The probability of the Fed keeping interest rates unchanged until October is 27.8%, the probability of a cumulative 25 basis point rate hike is 46.2%, the probability of a cumulative 50 basis point rate hike is 22.6%, and the probability of a cumulative 75 basis point rate hike is 3.3%.