The probability of the Federal Reserve keeping interest rates unchanged today is 100%, and the probability of a rate cut in June is only 1.2%

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged today is 100%. The probability of keeping interest rates unchanged until June is 98.8%, with a cumulative probability of a 25 basis point rate cut at 1.2%. The probability of keeping interest rates unchanged until July is 94.6%, with a cumulative probability of a 25 basis point rate cut at 5.4%. The probability of keeping interest rates unchanged until September is 92.7%, with a cumulative probability of a 25 basis point rate cut at 7.2% and a cumulative probability of a 50 basis point rate cut at 0.2%.