According to BlockBeats, the CME FedWatch Tool indicates a 95.9% probability that the Federal Reserve will keep interest rates unchanged in August. There is a 4.1% chance of a 25 basis point rate cut.Looking ahead to September, the probability of maintaining the current interest rate drops to 0%. The likelihood of a cumulative 25 basis point rate cut stands at 85.8%, while the chances of a cumulative 50 basis point cut are 13.8%. The probability of a cumulative 75 basis point cut is 0.4%.
