Woofun AI data shows that CME FedWatch metrics assign a 74.3% probability to the Federal Reserve maintaining interest rates at current levels during the July meeting. The chance of a cumulative 25 basis point increase in July stands at 25.7%. Looking ahead to September, the probability of unchanged rates drops to 42.9%, while the likelihood of a cumulative 25 basis point hike rises to 46.2%, with a 10.8% chance of a 50 basis point cumulative increase.