The probability of the Federal Reserve keeping interest rates unchanged in June is 96.4%, and the probability for July is 90.2%

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged until June is 96.4%, while the probability of a cumulative rate cut of 25 basis points is 3.6%. By July, the probability of keeping interest rates unchanged is 90.2%, the probability of a cumulative rate cut of 25 basis points is 9.5%, and the probability of a cumulative rate cut of 50 basis points is 0.2%.