The probability of the Federal Reserve maintaining interest rates in June is 95.2%, and expectations for rate cuts are gradually rising

According to Jinshi reports, CME's "FedWatch" shows that the probability of the Federal Reserve maintaining interest rates unchanged until June is 95.2%, while the probability of a cumulative rate cut of 25 basis points is 4.8%. By July, the probability of keeping interest rates unchanged is 92.2%, and the probability of a 25 basis point rate cut is 7.7%. By September, the probability of maintaining interest rates unchanged is 86.1%, and the probability of a 25 basis point rate cut is 13.2%.