The probability of the Federal Reserve keeping interest rates unchanged in June is 98.1%, and the probability of a rate hike in July is 13.6%

According to Jinshi, the CME "Fed Watch" shows that the probability of the Federal Reserve maintaining interest rates unchanged until June is 98.1%, while the probability of a cumulative rate cut of 25 basis points is 1.9%. By July, the probability of maintaining interest rates unchanged is 84.7%, the probability of a cumulative rate increase of 25 basis points is 13.6%, and the probability of a cumulative rate cut of 25 basis points is 1.6%.