The Fed's probability of maintaining interest rates in July is close to 90 per cent

ON 16 JULY, ACCORDING TO THE CME FEDERAL RESERVE WATCH: THE FED'S PROBABILITY OF MAINTAINING INTEREST RATES IN JULY WAS 88.8 PER CENT, AND THE PROBABILITY OF A CUMULATIVE INCREASE OF 25 BASIS POINTS WAS 11.2 PER CENT. THE FED HAD A PROBABILITY OF MAINTAINING INTEREST RATES CONSTANT BY 51.2 PER CENT BY SEPTEMBER, WITH A PROBABILITY OF A CUMULATIVE INCREASE OF 44 PER CENT FOR 25 BASIS POINTS AND 4.7 PER CENT FOR 50 BASIS POINTS。