The Fed's probability of maintaining interest rates at 84.5 per cent in July

ON 21 JULY, ACCORDING TO THE CME FEDERAL RESERVE WATCH, THE PROBABILITY OF THE FED MAINTAINING INTEREST RATES IN JULY WAS 84.5 PER CENT, AND THE PROBABILITY OF A CUMULATIVE INCREASE OF 25 BASIS POINTS WAS 15.5 PER CENT. THE FED HAD A 36 PER CENT PROBABILITY OF MAINTAINING INTEREST RATES CONSTANT BY SEPTEMBER AND A 55.1 PER CENT PROBABILITY OF A CUMULATIVE INCREASE OF 25 BASIS POINTS AND A 8.9 PER CENT PROBABILITY OF A CUMULATIVE INCREASE OF 50 BASIS POINTS。