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According to CME's "FedWatch": The probability of the Federal Reserve keeping interest rates unchanged until June is 99%, with a 1% probability of a cumulative 25 basis point rate cut. The probability of the Federal Reserve keeping interest rates unchanged until July is 84.4%, with a 0.8% probability of a cumulative 25 basis point rate cut and a 14.8% probability of a cumulative 25 basis point rate hike.
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