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The Fed will announce its interest rate decision tonight, with a probability of a rate cut in July at only 2.1%.
On July 30, the Fed will announce its interest rate decision tonight (2 AM Beijing time on July 31), and 30 minutes later, Fed Chairman Powell will hold a post-meeting press conference. According to CME's "FedWatch" data, the probability of a 25 basis point rate cut in July is 2.1%, while the probability of keeping the interest rate unchanged is 97.9%.