Probability of a 25 Basis Point Fed Rate Cut in July Rises to 20.7%
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According to CME FedWatch data reported by Jinse Finance, there is a 20.7% probability that the Federal Reserve will cut interest rates by 25 basis points in July, while the probability of rates remaining unchanged is 79.3%. Previously, it was reported that at 2:00 on June 24, Federal Reserve official Goolsbee stated, "If the impact of trade policy disappears, we should continue to cut rates."
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