The probability of the Federal Reserve keeping interest rates unchanged in June is 98.6%, while the probability of a rate hike in July is 6.3%

According to Jinshi reports, the CME "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged until June is 98.6%, while the probability of a cumulative rate cut of 25 basis points is 1.4%. By July, the probability of keeping interest rates unchanged is 92.4%, the probability of a cumulative rate hike of 25 basis points is 6.3%, and the probability of a cumulative rate cut of 25 basis points is 1.3%.