The probability that the Federal Reserve will keep interest rates unchanged in June is 97.7%, while the probability of a rate cut in July is 5.4%.
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According to ChainCatcher, citing Golden Ten Data, CME "FedWatch" shows there is a 97.7% probability that the Federal Reserve will keep interest rates unchanged in June, and a 2.3% probability of a cumulative rate cut of 25 basis points. By July, the probability of keeping rates unchanged is 94.6%, the probability of a cumulative 25 basis point cut is 5.4%, and the probability of a 50 basis point cut is 0.1%.
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