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Probability of Fed Rate Cut in September Drops to 41.3% After US June Inflation Data Release

Summary: Following the release of US June inflation data, the probability of a Fed rate cut in September has dropped to 41.3% as the data slightly exceeded expectations. As a result, the probability of the Fed maintaining interest rates in September has increased to 58.7%, with the likelihood of a cumulative 25 basis point rate cut ...

Following the release of US June inflation data, the probability of a Fed rate cut in September has dropped to 41.3% as the data slightly exceeded expectations. As a result, the probability of the Fed maintaining interest rates in September has increased to 58.7%, with the likelihood of a cumulative 25 basis point rate cut decreasing.

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Link: Probability of Fed Rate Cut in September Drops to 41.3% After US June Inflation Data Release   [Copy]
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