Following Governor Waller's remarks, the probability of maintaining interest rates in July has decreased significantly, indicating potential shifts in monetary policy.
Federal Reserve Governor Christopher Waller's recent comments have led to an 83.5% probability of maintaining interest rates in July, down from 91.7%. The likelihood of a 25 basis point rate cut has risen to 16.5%, with a cumulative 60.2% chance of a cut by September, reflecting a shift in monetary policy outlook.