The probability of the Federal Reserve keeping rates unchanged in June is 88.4%

According to CME "FedWatch": The probability of the Federal Reserve keeping rates unchanged in June is 88.4%, and the probability of a 25 basis point rate cut is 11.6%. The probability of the Federal Reserve keeping rates unchanged in July is 59.2%, the cumulative probability of a 25 basis point rate cut is 37%, and the cumulative probability of a 50 basis point rate cut is 3.8%.