There is a 97.9% probability that the Federal Reserve will keep interest rates unchanged in June

According to CME "FedWatch" reported by Jinse Finance, there is a 97.9% probability that the Federal Reserve will keep interest rates unchanged in June, and a 2.1% probability of a 25 basis point rate cut. For July, the probability of rates remaining unchanged is 75.6%, the probability of a cumulative 25 basis point rate cut is 23.9%, and the probability of a cumulative 50 basis point rate cut is 0.5%.