RMB Interbank Rate Rises to 7.1441, Up 70 Basis Points! Analysts Say Probability of Fed Keeping Interest Rates Steady This Week Is 97.4%

July 30, the RMB interbank rate rose to 7.1441, up 70 basis points.

Probability of Fed Keeping Interest Rates Steady This Week Is 97.4%

According to CME's "Fed Watch": The probability of the Fed keeping interest rates steady this week is 97.4%, and the probability of a 25-basis-point cut is 2.6%. The probability of the Fed keeping interest rates steady in September is 34.6%, and the cumulative probability of a 25-basis-point cut is 63.7%, with a cumulative probability of a 50-basis-point cut being 1.7%

Source: Sina News