The probability of the Federal Reserve keeping interest rates unchanged in June is 98.4%, and the probability of a rate hike in July is 8.4%

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged until June is 98.4%, while the probability of a cumulative rate cut of 25 basis points is 1.6%. By July, the probability of keeping interest rates unchanged is 90.2%, the probability of a cumulative rate increase of 25 basis points is 8.4%, and the probability of a cumulative rate cut of 25 basis points is 1.4%.