The probability of the Federal Reserve keeping interest rates unchanged in June is 94.2%, while the probability of a rate cut is only 5.8%

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged until June is 94.2%, and the probability of a cumulative rate cut of 25 basis points is 5.8%. By July, the probability of keeping interest rates unchanged is 84.1%, the probability of a cumulative rate cut of 25 basis points is 15.3%, and the probability of a cumulative rate cut of 50 basis points is 0.6%.