According to Odaily, the CME's 'FedWatch' tool indicates a 96.4% probability that the Federal Reserve will keep interest rates unchanged in August. There is a 3.6% chance of a 25 basis point rate cut during the same period. Looking ahead to September, the probability of maintaining the current rates drops to 1.0%, while the likelihood of a cumulative 25 basis point rate cut rises to 95.5%. Additionally, there is a 3.6% chance of a cumulative 50 basis point rate cut by September.