The probability of the Federal Reserve keeping interest rates unchanged in June has dropped to 94.9%

According to Jinshi reports, the CME "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged until June is 94.9% (down from 96.9% before the announcement), and the probability of a cumulative rate cut of 25 basis points is 5.1% (up from 3.1% before the announcement). By July, the probability of keeping interest rates unchanged is 88.8% (down from 90.7% before the announcement), the probability of a cumulative rate cut of 25 basis points is 10.8% (up from 9.1% before the announcement), and the probability of a cumulative rate cut of 50 basis points is 0.4% (up from 0.2% before the announcement).