CME FedWatch: The probability of a 25 basis point rate cut in June is 4.6%

ChainCatcher news, according to CME's "FedWatch" data, there are 17 days left until the next FOMC meeting, with a 4.6% probability of a 25 basis point rate cut in June and a 95.4% probability of maintaining the current interest rate.

The probability of the Federal Reserve maintaining the interest rate until July is 73.7%, the probability of a cumulative 25 basis point rate cut is 25.2%, and the probability of a cumulative 50 basis point rate cut is 1%.