Federal Reserve July probability of keeping interest rates unchanged 77%: How does the cooling of rate hike expectations affect the crypto market?
On July 6, 2026, data from the CME FedWatch Tool showed that the probability of the Federal Reserve maintaining interest rates unchanged at the July FOMC meeting is 77%, while the probability of a cumulative 25-basis-point rate hike is 23%. This probability distribution indicates that the market has largely ruled out a July rate hike from the base scenario. Meanwhile, Morgan Stanley's Chief Global Economist, after attending the ECB's Sintra conference, reiterated the firm's base forecast that th
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