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TechFlow news, on July 31, according to CME's "Fed Watch" data, the probability of the Federal Reserve holding interest rates steady in August is as high as 96.9%, while the probability of a 25 basis point rate cut stands at 3.1%. It is reported that the Fed will announce its interest rate decision at 2:00 am Beijing time on August 1.
According to CME's "FedWatch" data, there is a 96.9% probability the Federal Reserve will hold interest rates steady in August, with only a 3.1% chance of a 25-basis-point rate cut. The Fed is scheduled to announce its interest rate decision at 2:00 a.m. Beijing time on August 1.
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