The probability of the Federal Reserve keeping interest rates unchanged in June is 97.6%, while the probability of a rate cut is only 2.4%

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged until June is 97.6%, and the probability of a cumulative rate cut of 25 basis points is 2.4%. By July, the probability of keeping interest rates unchanged is 95.6%, the probability of a 25 basis point rate cut is 4.4%, and the probability of a 50 basis point rate cut is 0.1%.