After the CPI data release, the probability of the Federal Reserve maintaining interest rates unchanged in June is 96.3%.

According to the CME "FedWatch": The probability of the Federal Reserve maintaining interest rates unchanged in June is 96.3%, and the probability of a cumulative 25 basis point rate cut is 3.7%. The probability of the Federal Reserve maintaining interest rates unchanged in July is 86.4%, 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%.