The probability of the Federal Reserve keeping interest rates unchanged in June is 92.8%, while the probability of a rate cut is only 7.2%

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged until June is 92.8%, and the probability of a cumulative rate cut of 25 basis points is 7.2%. By July, the probability of keeping interest rates unchanged is 88.8%, the probability of a 25 basis point rate cut is 10.9%, and the probability of a 50 basis point rate cut is 0.3%. By September, the probability of keeping interest rates unchanged is 83%, the probability of a 25 basis point rate cut is 16%, and the probability of a 50 basis point rate cut is 1%.