After the CPI data release, the probability of the Fed keeping interest rates unchanged in June is 96.3%

Odaily Odaily Planet Daily reports that, according to the CME "FedWatch," the probability of the Fed maintaining the current interest rate in June is 96.3%, while the probability of a cumulative 25-basis-point rate cut is 3.7%. The probability of the Fed keeping rates unchanged in July is 86.%, the probability of a cumulative 25-basis-point rate hike is 10.3%, and the probability of a cumulative 25-basis-point rate cut is 3.3%.