According to TechFlow, Fed's Goolsbee said that the June inflation report was excellent and that depending on the data, one or a series of rate cuts could be considered.

According to CME's "Fed Watch", the probability of the Federal Reserve keeping interest rates unchanged in August is 91.2%, and the probability of a 25 basis point rate cut is 8.8%.

The probability that the Federal Reserve will keep interest rates unchanged by September is 7.3%, the probability of a cumulative interest rate cut of 25 basis points is 84.6%, and the probability of a cumulative interest rate cut of 50 basis points is 8.1%.