The probability of the Federal Reserve keeping interest rates unchanged in June is 97%, and the probability of a rate hike in July is 15.5%

According to Jinshi reports, the CME "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged until June is 97%, while the probability of a cumulative rate cut of 25 basis points is 3%. By July, the probability of keeping interest rates unchanged is 81.9%, the probability of a cumulative rate increase of 25 basis points is 15.5%, and the probability of a cumulative rate cut of 25 basis points is 2.5%.