The probability of the Federal Reserve keeping interest rates unchanged in June is 99.5%

According to Jinshi reports, CME's "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged in June is 99.5%, while the probability of a cumulative rate cut of 25 basis points is 0.5%. By July, the probability of keeping interest rates unchanged is 92%, the probability of a cumulative rate hike of 25 basis points is 7.9%, and the probability of a cumulative rate cut of 25 basis points is 0%.