The probability of the Federal Reserve keeping interest rates unchanged in June is 97.7%, and the probability of a rate cut in July is 5.4%

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged until June is 97.7%, and the probability of a cumulative rate cut of 25 basis points is 2.3%. By July, the probability of keeping interest rates unchanged is 94.6%, the probability of a cumulative rate cut of 25 basis points is 5.4%, and the probability of a rate cut of 50 basis points is 0.1%.