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CME FEDERAL RESERVE OBSERVATION INDICATES THE PROBABILITY OF INTEREST RATE DECISIONS IN JULY AND SEPTEMBER
According to early releasein A, CME Federal Reserve observations indicate that the Fed had a probability of maintaining interest rates constant in July of 84.5 per cent, a probability of a cumulative increase of 25 basis points of 15.5 per cent to 36 per cent in September, a probability of a cumulative increase of 25 basis points of 55.1 per cent and a probability of a cumulative increase of 50 basis points of 8.9 per cent。
