The probability of the Federal Reserve keeping interest rates unchanged in June is 98.5%

Odaily Planet Daily reports, according to CME "FedWatch": The probability of the Federal Reserve keeping interest rates unchanged in June is 98.5%, and the probability of a cumulative 25-basis-point rate cut is 1.5%. The probability of the Federal Reserve keeping interest rates unchanged by July is 91.3%, the probability of a cumulative 25-basis-point rate hike is 7.4%, and the probability of a cumulative 25-basis-point rate cut is 1.4%. (Jin Shi)