As of June 15th, there are four days remaining until the Federal Reserve announces its interest rate decision, scheduled for 2:00 AM Beijing time on Thursday, June 19th. According to CME "FedWatch" data, there is a 0.4% chance the Fed will cut rates by 25 basis points in June, while the probability of rates remaining unchanged stands at 99.6%.
Looking ahead to July, the probability of a cumulative 50-basis-point rate cut is 0.1%, a 25-basis-point cut is 23%, and the likelihood of no change remains at 76.9%.