The probability of the Federal Reserve maintaining interest rates in August is 97.4%
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According to CME's "FedWatch": The probability of the Fed maintaining interest rates unchanged in August is 97.4%, with a 2.6% probability of a 25 basis point rate cut. The probability of the Fed maintaining interest rates unchanged in September is 6.8%, with a 90.8% cumulative probability of a 25 basis point rate cut, and a 2.4% cumulative probability of a 50 basis point rate cut
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