The fed funds futures market now suggests it is unlikely that the Federal Reserve will raise interest rates in August. The August contract was last up 0.03 at 94.69, implying a 32% chance that the Fed will raise its target on overnight rates to 5.50% from 5.25% following its policy setting meeting on Aug. 8.

フェドファンズの先物が金利動向の予測に利用されるが、今のところ８月８日の会議で、金利が５．２５％から５．５０％に引き上げられる可能性は３２％だ。