The probability of the Fed keeping interest rates unchanged in June is 99.3%.
According to CME's "Fed Watch": The probability that the Fed will maintain interest rates unchanged by June is 99.3%, and the probability of a cumulative rate hike of 25 basis points is 0.7%. The probability that the Fed will maintain interest rates unchanged by July is 94%, and the probability of a cumulative rate hike of 25 basis points is 5.9%.
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