The probabilities of the Federal Reserve maintaining the same interest rate in June and August are 99.0% and 87.9%, respectively

CME "Federal Reserve Watch" data shows that the probability of the Federal Reserve maintaining interest rates unchanged in June is 99.0%, and the probability of raising interest rates by 25 basis points is 1.0%. At the same time, the probability of the Federal Reserve keeping interest rates unchanged until August is 87.9%, with a cumulative chance of cutting rates by 25 basis points at 11.3% and a cumulative chance of increasing them by 25 basis points at 0.9%.