According to CME's "Federal Reserve Watch": The probability that the Federal Reserve will keep interest rates unchanged in June is 91.7%, while the probability of a 25 basis point rate cut is 8.3%. The probability that the Federal Reserve will keep interest rates unchanged in July is 63.2%, the cumulative probability of a 25 basis point rate cut is 34.2%, and the cumulative probability of a 50 basis point rate cut is 2.6%.
The probability of the Federal Reserve maintaining the interest rate unchanged in June is 91.7%.
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