According to Jinshi Data, CME's "FedWatch" shows that the probability of the Federal Reserve maintaining interest rates in June is 94.6%, and the probability of a 25 basis point rate cut is 5.4%.
The probability of the Federal Reserve maintaining interest rates in July is 73.1%, the cumulative probability of a 25 basis point rate cut is 25.7%, and the cumulative probability of a 50 basis point rate cut is 1.2%.