The probability of the Federal Reserve maintaining interest rates in June is 99%, and in July it is 84.4%

According to Jin Shi's report, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged until June is 99%, and the probability of a cumulative rate cut of 25 basis points is 1%. By July, the probability of keeping interest rates unchanged is 84.4%, the probability of a cumulative rate cut of 25 basis points is 0.8%, and the probability of a cumulative rate increase of 25 basis points is 14.8%.