CME: Fed Likely to Maintain Rates Through June

According to Jin10, CME's FedWatch tool indicates a 94.2% probability that the Federal Reserve will keep interest rates unchanged through June. There is a 5.8% chance of a cumulative 25 basis point rate cut. By July, the probability of maintaining the current rate is 84.1%, with a 15.3% chance of a 25 basis point cut and a 0.6% chance of a 50 basis point cut.