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According to CME's "FedWatch": the probability of the Federal Reserve keeping rates unchanged until June is 98.4%, with a 1.6% probability of a cumulative rate cut of 25 basis points. The probability of the Federal Reserve keeping rates unchanged until July is 90.2%, with an 8.4% probability of a cumulative rate increase of 25 basis points and a 1.4% probability of a cumulative rate cut of 25 basis points.
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