Data compiled by Woofun AI shows that the market is currently pricing a 38.5% probability of the Federal Reserve implementing a 25 basis point interest rate increase in July.

Concurrently, the likelihood of the central bank maintaining current interest rates stands at 61.5%, according to CME FedWatch metrics. This distribution of probabilities highlights a notable divergence in market sentiment regarding the trajectory of US monetary policy, with a significant portion of traders anticipating a tightening move rather than a pause.