CME: Fed Likely to Maintain Rates Through September

On May 4, Jin10 reported that according to CME's 'FedWatch', there is a 92.8% probability that the Federal Reserve will keep interest rates unchanged through June, with a 7.2% chance of a cumulative 25 basis point rate cut. By July, the probability of maintaining rates is 88.8%, with a 10.9% chance of a 25 basis point cut and a 0.3% chance of a 50 basis point cut. By September, the likelihood of rates remaining unchanged is 83.0%, with a 16.0% chance of a 25 basis point cut and a 1.0% chance of a 50 basis point cut.