CME predicts a 94.4% probability that the Federal Reserve will keep interest rates unchanged in June

According to data from Jinshi, CME's 'Fed Watch' shows that the probability of the Federal Reserve keeping interest rates unchanged in June is 94.4%, and the probability of a 25 basis point rate cut is 5.6%.

The probability of the Federal Reserve keeping interest rates unchanged in July is 74.9%, the probability of a cumulative rate cut of 25 basis points is 23.9%, and the probability of a cumulative rate cut of 50 basis points is 1.1%.