The probability of the Federal Reserve keeping interest rates unchanged in June is 96.8%, and in July it is 93.8%

According to Jinshi News, the CME "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged until June is 96.8%, while the probability of a cumulative rate cut of 25 basis points is 3.2%. By July, the probability of keeping interest rates unchanged is 93.8%, with the probabilities of a cumulative rate cut of 25 basis points and a rate hike of 25 basis points both at 3.1%.