The probability of the Federal Reserve keeping rates unchanged in June is 94.4%

According to CME "FedWatch": The probability of the Federal Reserve maintaining rates unchanged in June is 94.4%, and the probability of a 25 basis point rate cut is 5.6%. The probability of the Federal Reserve maintaining rates unchanged in July is 74.9%, with a cumulative probability of a 25 basis point rate cut at 23.9% and a cumulative probability of a 50 basis point rate cut at 1.1%.