The probability of the Federal Reserve maintaining interest rates in June is 96%, and in July, it is 88.8%

According to Jinshi News, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged until June is 96%, while the probability of a cumulative rate cut of 25 basis points is 4%. By July, the probability of keeping interest rates unchanged is 88.8%, the probability of a cumulative rate cut of 25 basis points is 10.9%, and the probability of a cumulative rate cut of 50 basis points is 0.3%.