Federal Reserve Likely to Maintain Interest Rates in August and September

According to BlockBeats, the Federal Reserve is expected to keep interest rates steady in August with a probability of 91.2%, while the likelihood of a 25 basis point cut stands at 8.8%.

Moving into September, the odds of the Federal Reserve maintaining the current interest rates drop to 7.3%. However, the probability of a cumulative 25 basis point reduction increases significantly to 84.6%, and the chance of a cumulative 50 basis point cut is at 8.1%.

These predictions are based on the 'Federal Reserve Watch' by CME. It is important to note that these are probabilities and actual decisions by the Federal Reserve may vary based on various economic factors.