JUST A QUICK UPDATE!

According to CME's "Fed Watch," the probability of the Federal Reserve keeping interest rates unchanged in August is 89.7%, while the probability of a 25 basis point rate cut is 10.3%. The likelihood of the Fed maintaining steady rates into September stands at 32.3%, with a cumulative probability of a 25 basis point rate cut at 61.1% and a cumulative probability of a 50 basis point rate cut at 6.6%.

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