96% probability that the Fed will leave rates unchanged in June
According to the CME "Fed Watch", the probability that the Fed will keep interest rates unchanged in June is 96.0%, and the probability of a 25 basis point rate cut is 4.0%. The probability that the Federal Reserve will keep interest rates unchanged until August is 80.1%, the probability of a cumulative 25 basis points of interest rate cuts is 19.2%, the probability of a cumulative 50 basis points of interest rate cuts is 0.7%.
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