According to CME's 'Fed Watch', Gold Odds on July 30: The probability that the Fed will not change interest rates this week is 95.9% and the probability of a 25 basis point interest rate cut is 4.1%. The probability of the Fed keeping interest rates stable until September is 0%, the cumulative probability of a 25 basis point interest rate cut is 89.6%, the cumulative probability of a 50 basis point interest rate cut is 10.1%, and the cumulative probability of a 75 basis point interest rate cut is 0.3%.
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According to CME's 'Fed Watch', Gold Odds on July 30: The probability that the Fed will not change interest rates this week is 95.9% and the probability of a 25 basis point interest rate cut is 4.1%. The probability of the Fed keeping interest rates stable until September is 0%, the cumulative probability of a 25 basis point interest rate cut is 89.6%, the cumulative probability of a 50 basis point interest rate cut is 10.1%, and the cumulative probability of a 75 basis point interest rate cut is 0.3%.