The probability of the Federal Reserve keeping interest rates unchanged in June is 99.2%

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged until June is 99.2%, while the probability of a cumulative rate cut of 25 basis points is 0.8%. By July, the probability of keeping interest rates unchanged is 95%, the probability of a cumulative rate cut of 25 basis points is 0.7%, and the probability of a cumulative rate increase of 25 basis points is 4.2%.