The Fed's probability of maintaining interest rates in July is 85.6 per cent

ON 18 JULY, ACCORDING TO THE CME FED WATCH: THE FED'S PROBABILITY OF MAINTAINING INTEREST RATES IN JULY WAS 85.6 PER CENT, AND THE PROBABILITY OF A CUMULATIVE INCREASE OF 25 BASIS POINTS WAS 14.4 PER CENT. THE FED HAD A PROBABILITY OF MAINTAINING INTEREST RATES CONSTANT BY 41.4 PER CENT BY SEPTEMBER, WITH A RATE INCREASE OF 51.2 PER CENT FOR 25 BASIS POINTS AND 7.5 PER CENT FOR 50 BASIS POINTS。