According to PANews, the CME's "FedWatch" tool indicates a 91.4% probability that the Federal Reserve will maintain its current interest rates in June. There is an 8.6% chance of a 25 basis point rate cut. Looking ahead to July, the likelihood of rates remaining unchanged stands at 66.9%, while the probability of a cumulative 25 basis point cut is 30.8%, and a cumulative 50 basis point cut is 2.3%.