The probability of the Federal Reserve keeping interest rates unchanged in June is 97.3%

According to Jinshi reports, CME's "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged until June is 97.3%, and the probability of a cumulative rate cut of 25 basis points is 2.7%. By July, the probability of keeping interest rates unchanged is 87.2%, the probability of a cumulative rate cut of 25 basis points is 2.4%, and the probability of a cumulative rate increase of 25 basis points is 10.4%.