The probability of the Federal Reserve keeping interest rates unchanged in June is 99.9%, and the probability of a rate hike in July is 9.6%

According to Jinshi News, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged until June is 99.9%, while the probability of a cumulative rate cut of 25 basis points is 0.1%. By July, the probability of keeping interest rates unchanged is 90.3%, the probability of a cumulative rate hike of 25 basis points is 9.6%, and the probability of a cumulative rate cut of 25 basis points is 0.1%.