The probability of the Federal Reserve keeping rates unchanged in June is 94.6%

According to CME "FedWatch": The probability of the Federal Reserve keeping rates unchanged in June is 94.6%, and the probability of a 25 basis point rate cut is 5.4%. The probability of the Federal Reserve keeping rates unchanged in July is 73.1%, with a cumulative probability of a 25 basis point rate cut at 25.7% and a cumulative probability of a 50 basis point rate cut at 1.2%.