The probabilities of the Federal Reserve keeping interest rates unchanged in June and August are 91.5% and 66.9%, respectively

The CME "Fed Watch" data shows that the probability of the Federal Reserve maintaining interest rates in June is 91.5%, and the probability of a rate cut by 25 basis points is 8.5%. At the same time, the likelihood of the Fed keeping interest rates unchanged in August is 66.9%, with a cumulative chance of a rate cut by 25 basis points at 30.8% and a cumulative chance for a reduction by 50 basis points at 2.3%.