[Probability of the Fed Holding Rates Steady in July at 63.1% Ahead of CPI Data Release] Odaily Planet Daily News: According to CME 'FedWatch,' the probability of the Federal Reserve holding rates steady until July is 63.1%, while the probability of a cumulative 25 basis point rate hike is 36.9%. The probability of the Federal Reserve holding rates steady until September is 28.3%, with a cumulative 25 basis point rate hike probability of 51.4% and a cumulative 50 basis point rate hike probability of 20.4%.