Data compiled by Woofun AI from CME FedWatch instruments reveals that the market assigns a 39.6% probability to the Federal Reserve implementing a 25 basis point interest rate increase in July.

Concurrently, the likelihood of the central bank maintaining current rates stands at 60.4%, reflecting a divided outlook on immediate monetary tightening measures.

This distribution of probabilities underscores ongoing investor caution regarding the Fed's next policy move, as markets price in both potential hawkish adjustments and the status quo amid evolving economic indicators.