The probability of the Federal Reserve keeping interest rates unchanged in September has increased after the release of US ADP and GDP data.

PANews reported on July 30th that, according to CME's "Fed Watch," the probability of the Fed keeping interest rates unchanged in July is 97.9% (consistent with the data release), and the probability of a 25 basis point rate cut is 2.1%. The probability of the Fed keeping interest rates unchanged in September is 37.9% (down from 34% before the data release), 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%.

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Author: PA一线

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The probability of the Federal Reserve keeping interest rates unchanged in September has increased after the release of US ADP and GDP data.

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