CME predicts a 98.8% probability that the Federal Reserve will keep interest rates steady in June.

According to data from Jinshi, the CME 'FedWatch' shows that the probability of the Federal Reserve keeping interest rates steady in June is 98.8%, and the probability of a 25 basis point rate cut is 1.2%.

The probability of the Federal Reserve keeping interest rates steady in July is 74.3%, the probability of a cumulative rate cut of 25 basis points is 25.4%, and the probability of a cumulative rate cut of 50 basis points is 0.3%.