CME FedWatch data showed on July 12 that markets were assigning a 65.8% probability to the U.S. Federal Reserve keeping rates unchanged at its July meeting, while the probability of a 25-basis-point rate increase stood at 34.2%. The update was cited by BlockBeats in a policy and regulation news brief. No other outcomes or timing details beyond the July meeting probabilities were provided in the source. The figures reflect the latest snapshot referenced in the report and present the market-implied distribution between holding rates steady and delivering a quarter-point hike.
BlockBeats reported on July 12, citing CME FedWatch data, that the probability of the U.S. Federal Reserve keeping rates unchanged in July was 65.8%, while the probability of a 25-basis-point rate hike stood at 34.2%.
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