The probability that the Federal Reserve keeps interest rates unchanged through July was 63.1% ahead of the CPI data release. According to Jin10, CME FedWatch showed a 36.9% probability of a cumulative 25-basis-point rate hike by July.
For September, CME FedWatch showed a 28.3% probability that the Federal Reserve keeps rates unchanged. It also showed a 51.4% probability of a cumulative 25-basis-point hike by September and a 20.4% probability of a cumulative 50-basis-point hike.
Fed Rate Hold Odds Rise Ahead of CPI Data, CME FedWatch Shows
2026-07-14 12:31:18
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