Federal Reserve's June and July Rate Decisions Analyzed

According to Odaily, the CME's "FedWatch" tool indicates a 95.3% probability that the Federal Reserve will maintain its current interest rates in June, with a 4.7% chance of a 25 basis point cut. For July, there is a 75.6% likelihood that rates will remain unchanged, a 23.4% probability of a cumulative 25 basis point reduction, and a 1.0% chance of a cumulative 50 basis point cut.