CME: The probability of the Federal Reserve keeping interest rates unchanged in June is 94.2%.
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According to CME "Federal Reserve Watch," there is a 94.2% probability that the Federal Reserve will keep interest rates unchanged in June, and a 5.8% probability of a 25 basis point rate cut. In July, there is an 84.1% probability of the rate remaining unchanged, a 15.3% probability of a 25 basis point rate cut, and a 0.6% probability of a 50 basis point rate cut.
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