Before the US CPI release, the probability of the Federal Reserve keeping interest rates unchanged in June is 91.8%

PANews May 13 news, according to CME's "Fed Watch": The probability of the Federal Reserve keeping interest rates unchanged in June is 91.8%, while the probability of a 25 basis point cut is 8.2%. The probability of the Federal Reserve keeping interest rates unchanged in July is 61.4%, with the cumulative probability of a 25 basis point cut at 35.9% and a cumulative probability of a 50 basis point cut at 2.7%.