CME data shows a high probability that the Federal Reserve will keep interest rates unchanged

According to CME "FedWatch", the probability that the Federal Reserve will keep interest rates unchanged in June is 95.2%, and the probability of a 25-basis-point rate cut is 4.8%. In July, the probability of maintaining the current rate is 92.2%, the probability of a 25-basis-point rate cut is 7.7%, and the probability of a 50-basis-point rate cut is 0.2%. By September, the probability of leaving rates unchanged is 86.1%, the probability of a 25-basis-point rate cut is 13.2%, and the probability of a 50-basis-point rate cut is 0.6%.