On July 30, according to CME's "Fed Watch": The probability that the Fed will keep interest rates unchanged in July is 97.9% (consistent with the data before the release), and the probability of a 25 basis point rate cut is 2.1%.
The probability that the Fed will keep interest rates unchanged in September is 37.9% (34% before the release of US ADP and GDP data), the probability of a cumulative 25 basis point rate cut is 60.9%, and the probability of a cumulative 50 basis point rate cut is 1.3%. (Golden Ten) [BlockBeats]