According to data from Jinshi, the CME 'Fed Watch' shows that the probability of the Federal Reserve keeping interest rates unchanged in June is 99.8%, and the probability of a 25 basis point rate cut is 0.2%.
The probability of the Federal Reserve keeping interest rates unchanged in July is 87.5%, the cumulative probability of a 25 basis point rate cut is 12.5%, and the cumulative probability of a 50 basis point rate cut is 0%.