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The market expects The Federal Reserve (FED) to maintain the Intrerest Rate in July, with an increasing possibility of a rate cut in September.
On July 10, according to data, after the release of the minutes from the Federal Reserve's June meeting, the probability of the Federal Reserve keeping the interest rate unchanged in July is 93.3%, which is basically unchanged from the previous day's probability.
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%, while the probability of a 25 basis point rate cut has increased from the previous day's 60.8% to 67.2%.