The probability of the Federal Reserve maintaining the interest rate in June is 98.5%.
According to CME's "FedWatch": The probability of the Fed keeping interest rates unchanged in June is 98.5%, with a 1.5% probability of a cumulative 25 basis point rate cut. The probability of the Fed keeping interest rates unchanged in July is 91.3%, with a 7.4% probability of a cumulative 25 basis point rate hike, and a 1.4% probability of a cumulative 25 basis point rate cut.
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