CME data shows a 95% probability that the Federal Reserve will keep interest rates unchanged in June.
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According to CME "FedWatch" data, there is a 95% probability that the Federal Reserve will keep interest rates unchanged in June and a 5% probability of a 25 basis point rate cut. For July, the probability of keeping rates unchanged is 87.9%, the probability of a 25 basis point rate cut is 11.7%, and the probability of a 50 basis point rate cut is 0.4%.
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