The probabilities of the Federal Reserve keeping interest rates unchanged in June and August are 91.1% and 70.4% respectively
CME "Fed Watch" data shows that the probability of the Federal Reserve keeping interest rates unchanged in June is 91.1%, and the probability of a 25 basis point cut is 8.9%. At the same time, the likelihood of the Fed maintaining steady rates until August is 70.4%, with a cumulative chance of a 25 basis point reduction at 27.6% and a cumulative chance for a 50 basis point cut at 2.0%.
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