The probability of the Federal Reserve maintaining interest rates in June is 96.4%, and the probability of a rate hike in July is 8.2%

According to Jinshi, the CME "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged until June is 96.4%, and the probability of a cumulative rate cut of 25 basis points is 3.6%. By July, the probability of keeping interest rates unchanged is 88.5%, the probability of a cumulative rate increase of 25 basis points is 8.2%, and the probability of a cumulative rate cut of 25 basis points is 3.2%.