Woofun AI data shows that CME Fed Watch currently prices an 88.8% likelihood of the Federal Reserve maintaining interest rates in July, leaving only 11.2% probability for a 25 basis point increase. Looking ahead to September, the market assigns a 46.2% chance to a cumulative 25 basis point hike, while the probability of rates remaining unchanged stands at 48.8%, with a 5.1% chance of a 50 basis point increase.