PANews reported on July 28 that according to CME's "Fed Watch": the probability of the Fed keeping interest rates unchanged in July is 97.4%, and the probability of a 25 basis point rate cut is 2.6%. The probability of the Fed keeping interest rates unchanged in September is 35.9%, the probability of a cumulative 25 basis point rate cut is 62.4%, and the probability of a cumulative 50 basis point rate cut is 1.6%.
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