CME: The probability that the Federal Reserve will keep interest rates unchanged in June is 92.8%

According to CME "Federal Reserve Watch," there is a 92.8% probability that the Federal Reserve will keep interest rates unchanged in June, and a 7.2% probability of a 25 basis point rate cut. In July, the probability of keeping rates unchanged is 88.8%, the probability of a 25 basis point rate cut is 10.9%, and the probability of a 50 basis point rate cut is 0.3%.