The Federal Reserve (FED) has a 93.3% probability of maintaining stability in July, and expectations for interest rate cuts are warming up in September.

[Block Rhythm] On July 10, according to data from the data platform, after the release of the Federal Reserve's June meeting minutes, the probability that the Federal Reserve will maintain the interest rate unchanged in July is 93.3%, which is basically the same as the probability of the previous day.

It is worth noting that the probability of the Federal Reserve maintaining the interest rate unchanged in September is 28.1%, a significant decrease from the previous day's 35.4%. At the same time, the probability of a 25 basis point rate cut has increased from the previous day's 60.8% to 67.2%.