According to CME "FedWatch": there is a 96.4% probability that the Federal Reserve will keep interest rates unchanged in June, and a 3.6% probability of a cumulative rate cut of 25 basis points.
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The probability that the Federal Reserve will keep interest rates unchanged until July is 88.5%, the probability of a cumulative rate hike of 25 basis points is 8.2%, and the probability of a cumulative rate cut of 25 basis points is 3.2%.
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