Data compiled by Woofun AI shows that CME FedWatch metrics assign a 65.8% probability to the Federal Reserve maintaining current interest rates in July, against a 34.2% chance of a 25 basis point cumulative increase.

Market expectations shift significantly for September, where the likelihood of holding rates steady falls to 33.6%. Conversely, the probability of a 25 basis point cumulative hike rises to 49.7%, while a 50 basis point increase holds at 16.7%.