Probability of Fed Keeping Rates Unchanged in June at 96.8%
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On May 22, according to CME's 'FedWatch': The probability of the Federal Reserve maintaining interest rates unchanged in June is 96.8%, while the probability of a cumulative rate hike of 25 basis points is 3.2%. The probability of the Fed keeping rates unchanged until July is 85.4%, with a cumulative rate hike of 25 basis points at 14.2%, and a cumulative rate hike of 50 basis points at 0.4%.
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