The probability of the Federal Reserve maintaining the same interest rate in June is 99.1%

According to CME's "Fed Watch", the probability of the Federal Reserve keeping interest rates unchanged in June is 99.1%, and the probability of raising them by 25 basis points is 0.9%. The likelihood that the Fed will keep interest rates steady until August is 88.9%, with a cumulative chance of cutting them by 25 basis points at 10.2% and a cumulative chance of increasing them by 25 basis points at 0.8%.