CME: High Probability of Fed Maintaining Rates Through June

On May 8, Jin10 reported that according to CME's 'FedWatch', there is a 96.4% probability that the U.S. Federal Reserve will keep interest rates unchanged through June. The likelihood of a cumulative 25 basis point rate cut stands at 3.6%. Looking ahead to July, the probability of maintaining the current rates is 90.2%, while the chances of a cumulative 25 basis point cut are 9.5%, and a 50 basis point cut is at 0.2%.