CME predicts a 97.4% probability of the Federal Reserve keeping interest rates unchanged in June

According to PANews, the CME 'Fed Watch' shows that the probability of the Federal Reserve keeping interest rates unchanged in June is 97.4%, and the probability of a 25 basis point rate cut is 2.6%.

The probability of the Federal Reserve keeping interest rates unchanged until July is 69.2%, the cumulative probability of a 25 basis point rate cut is 30.0%, and the cumulative probability of a 50 basis point rate cut is 0.8%.