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 9.5%

According to Jinshi reports, the CME "FedWatch" shows that the probability of the Federal Reserve maintaining interest rates unchanged until June is 98.4%, and the probability of a cumulative rate cut of 25 basis points is 1.6%. By July, the probability of maintaining interest rates unchanged is 89.1%, the probability of a cumulative rate increase of 25 basis points is 9.5%, and the probability of a cumulative rate cut of 25 basis points is 1.5%.