The probability that the Federal Reserve will keep the interest rate unchanged in June is 91.7%

According to CME's "Fed Watch": The probability of the Fed maintaining interest rates in June is 91.7%, with a 8.3% probability of a 25 basis point rate cut. In July, the probability of the Fed keeping rates unchanged is 63.2%, with a cumulative 34.2% probability of a 25 basis point rate cut, and a cumulative 2.6% probability of a 50 basis point rate cut.