The probability of the Federal Reserve keeping interest rates unchanged in June is 98.5%, while the probability of a rate hike in July is 7.4%

According to Jinshi reports, the CME "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged until June is 98.5%, while the probability of a cumulative rate cut of 25 basis points is 1.5%. By July, the probability of keeping interest rates unchanged is 91.3%, the probability of a cumulative rate increase of 25 basis points is 7.4%, and the probability of a cumulative rate cut of 25 basis points is 1.4%.