CME data shows a 97.3% probability that the Federal Reserve will keep interest rates unchanged in June
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According to CME "FedWatch" data, there is a 97.3% probability that the Federal Reserve will keep interest rates unchanged in June, and a 2.7% probability of a 25 basis point rate cut. For July, there is an 87.2% probability of keeping rates unchanged, a 2.4% probability of a 25 basis point rate cut, and a 10.4% probability of a 25 basis point rate hike.
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