Woofun AI data shows that CME FedWatch currently prices in a 58.3% probability of the Federal Reserve maintaining interest rates in July, with a 41.7% likelihood of a 25 basis point increase. Looking ahead to September, the market assigns a 51.2% probability to a cumulative 25 basis point hike, while the odds of holding rates steady drop to 24.9% and a 50 basis point increase stands at 23.9%.