The probability of the Federal Reserve keeping rates unchanged in June is 82.7%

According to CME "FedWatch": The probability of the Federal Reserve maintaining rates unchanged in June is 82.7%, and the probability of a 25 basis point rate cut is 17.3%. The probability of the Federal Reserve maintaining rates unchanged in July is 40.8%, the cumulative probability of a 25 basis point rate cut is 50.7%, and the cumulative probability of a 50 basis point rate cut is 8.7%.