The probability of the Federal Reserve keeping interest rates unchanged in June is 95%, and in July it is 87.9%

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged until June is 95%, and the probability of a cumulative rate cut of 25 basis points is 5%. By July, the probability of keeping interest rates unchanged is 87.9%, the probability of a cumulative rate cut of 25 basis points is 11.7%, and the probability of a cumulative rate cut of 50 basis points is 0.4%.