The Yuan-to-Dollar Midpoint Falls to 7.1511, Down 44 Points! Analysis Says Amid Complex Economic Data and Trump Tariffs, the Federal Reserve Expected to Keep Interest Rates Unchanged

On July 29, the yuan-to-dollar midpoint fell to 7.1511, down 44 points.

Amid Complex Economic Data and Trump Tariffs, the Federal Reserve Expected to Keep Interest Rates Unchanged

The Federal Reserve is expected to keep the federal funds target range unchanged at 4.25%-4.50% on July 30's monetary policy meeting, which may trigger discontent from US President Trump. Amid Trump's tariffs and mixed economic data, internal divisions have emerged within the Federal Reserve, requiring a balance between inflation, employment, and economic growth.

The Probability of the Federal Reserve Keeping Interest Rates Unchanged This Week is 96.9%

According to CME's "Federal Reserve Observation": The probability of the Federal Reserve keeping interest rates unchanged this week is 96.9%, with a 3.1% probability of cutting interest rates by 25 basis points. The probability of keeping interest rates unchanged in September is 35.4%, and the cumulative probability of cutting interest rates by 25 basis points is 62.6%, with a 2.0% cumulative probability of cutting interest rates by 50 basis points.

Source: Sina News