The probability of the Fed keeping interest rates unchanged in June is 99.8% before the release of US CPI

Odaily News According to CME's "Fed Watch": The probability of the Fed keeping interest rates unchanged in June is 99.8%, and the probability of a 25 basis point rate cut is 0.2%. The probability of the Fed keeping interest rates unchanged in July is 87.5%, and the probability of a cumulative 25 basis point rate cut is 12.5%. (Jinshi)