The probability of the Federal Reserve keeping interest rates unchanged in June is 98.5%, and in July, it is 91.3%

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve maintaining interest rates in June is 98.5%, while the probability of a cumulative rate cut of 25 basis points is 1.5%. By July, the probability of maintaining interest rates is 91.3%, the probability of a cumulative rate hike of 25 basis points is 7.4%, and the probability of a cumulative rate cut of 25 basis points is 1.4%.