The probability of the Federal Reserve keeping interest rates unchanged in June is 99.2%

According to Jinshi News, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged until June is 99.2%, while the probability of a cumulative rate cut of 25 basis points is 0.8%. By July, the probability of keeping interest rates unchanged is 88.6%, the probability of a cumulative rate increase of 25 basis points is 11.3%, and the probability of a rate cut is 0%.