The Federal Reserve is likely to keep interest rates unchanged in June
AI Summary
According to BlockBeats, CME's FedWatch data indicates that with ten days remaining until the next Federal Open Market Committee (FOMC) meeting, there is a 2.6% chance of a 25 basis point rate cut in June, while the probability of maintaining the current interest rate is 97.4%.
Looking at July, the probability that the Federal Reserve will keep interest rates unchanged is 83.3%. The cumulative chance of a 25 basis point rate cut is 16.3%, and the cumulative chance of a 50 basis point cut is 0.4%.