CME "Fed Watch": The probability of the Fed keeping interest rates unchanged in June is 99.7%

According to CME's "Fed Watch": The probability of the Fed maintaining interest rates in June is 99.7%, and the probability of a 25 basis point increase is 0.3%. The probability of the Fed maintaining interest rates until August is 81.2%, the probability of a cumulative 25 basis point rate cut is 18.5%, and the probability of a 25 basis point rate hike is 0.2%. (Jinshi)